Coinbase Unveils AI Payments System for Businesses
Coinbase has expanded its artificial intelligence strategy by introducing new products for businesses, users, and developers. The company's latest rollout includes Coinbase AI payments, which aims to let AI agents complete payments without manual support.
The x402 protocol, developed and incubated by Coinbase, allows businesses to accept USDC payments directly from AI agents through Coinbase Payments. This service requires no extra setup for eligible businesses.
Coinbase described Coinbase AI payments as its most high-conviction bet for the growing agentic economy. Sid Coelho-Prabhu, Head of Coinbase Business, said the company wants to recreate the traditional shopping experience for the internet.