Coinbase Business Empowers Companies with AI-Powered Payment Tools
Coinbase Business marked its first anniversary by launching three tools that enable companies to accept payments directly from autonomous AI agents. The rollout includes Agent Checkout, which allows merchants to receive payments from AI agents without a separate checkout process; Coinbase for Agents, which connects AI systems to trading and investment workflows; and a software development kit for developers to add agent payments to their services.
The tools settle transactions in USDC over the x402 standard, an open protocol that revives the dormant HTTP 402 code. This enables AI agents to pay for web resources without an account or subscription.
Siddharth Coelho-Prabhu, head of Coinbase Business, called agentic payments one of the company's 'most high-conviction bets'. He stated that Coinbase began investing in this idea years ago after deciding autonomous commerce would reshape the internet.