Cloudflare Unveils Programmable Wallets for AI Agents with Built-In Stablecoin Support
Cloudflare has launched Cloudflare Wallets, a programmable wallet system designed to facilitate automated payments between artificial intelligence agents and API or content providers. The system supports stablecoin APIs for seamless payments.
This development is part of the growing trend towards agentic finance, which enables AI agents to make payments without human intervention. Brian Armstrong, Coinbase's CEO, has also been a proponent of this concept, arguing that it will strengthen crypto demand in the future.
Meanwhile, another development highlights the need for more secure wallet auditing. A bug in Coldcard's random number generator went undetected for five years and resulted in nearly $90 million in compromised Bitcoin.