Circle Agent Wallets. Coinbase Agentic Wallets. Crossmint. thirdweb. MetaMask. Cobo. Six wallet providers, six different policy engines, six different governance models. Your agent picks one and inherits that vendor's rules for life.
Circle reports 400,000+ agents with on-chain purchasing power. 140 million payments settled in USDC over nine months. The agent economy is real. But governance is fragmented across wallet vendors, creating a lock-in problem that makes AWS vendor lock-in look trivial.
When your agent's governance rules are embedded in the wallet provider's SDK, switching wallets means rebuilding your entire compliance layer. That is not a technical migration. That is a regulatory risk event.
The Wallet Governance Fragmentation Problem
Each wallet provider bundles governance into their product differently:
