Phase names the former Cointelegraph chief CEO of its AI agent chain
AI agents pay on it with no human approval, but the funds cannot go out and one funder backs it.
Phase, a blockchain for AI agents, named Yana Prikhodchenko co-founder and CEO on 11 November 2026. Yana Prikhodchenko is the former chief of Cointelegraph and was at banks and insurers for more than 10 years. Phase started its mainnet (the live network) on 29 October. Software on it pays with no human sign-off, and the risk is with the one who funds the agent.
How it works
An agent adds funds when it sends USDT (a coin tied to the US dollar) from five chains. It has no sign-up and no API key. The wallet that sends the funds becomes the account.
The limits
Phase credits one payment of at most 1,000 USDT and holds a larger one. Total credits have a limit of 10,000 USDT in 24 hours. The payment becomes USDT.e, a token that Phase backs one for one with USDT.
What is not known
USDT.e cannot go to its initial chain and it works only in Phase. Phase has one disclosed funder, founder Kirill Eves, who committed $45 million. It is not known if the new CEO has a share of the 25% of tokens kept for the core team. The statement of the CEO does not give the cause for a new blockchain.
Insight: Agent payment networks compete on limits and custody
Phase limits each payment to 1,000 USDT. In October 2026 a Bitcoin tool named Wavelength gave each agent wallet a start limit of 300,000 satoshi (a small unit of Bitcoin). RippleX said agent payment is about 25% of the work on the XRP Ledger. Each network limits what an agent can hold. This reads as a contest to be the first that agents use.
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