AI Fuels Crypto's Importance in Programmable Economy
Coinbase CEO Brian Armstrong argues that artificial intelligence (AI) enhances the importance of cryptocurrency. He claims AI agents will eventually transact more per day than all humans combined, making a programmable economy dependent on programmable money.
Armstrong sees AI and crypto as complementary technologies, with blockchain infrastructure providing the financial plumbing for autonomous agents to function. He emphasizes that AI agents cannot use traditional banking methods, requiring stablecoin payments instead.
Coinbase is building infrastructure to support this vision through its x402 protocol, Base Layer 2 network, and USDC stablecoin. Armstrong believes stablecoins are crucial for agentic transactions, which could become the majority of all payments in an AI-driven economy.