Coinbase Unveils Plan for AI-Powered Crypto Trading and Payments
Coinbase has announced its approach to Agentic Finance (AiFi), which involves using artificial intelligence agents to interact with crypto accounts and execute transactions with limited human involvement.
The company's AI agents can connect to Coinbase accounts through the Model Context Protocol (MCP) and are restricted by permissions and limits set by users.
Coinbase is also developing tools that allow AI agents to automate payments between software systems, such as paying for APIs or accessing data, using its x402 payment standard.
According to Coinbase, 70% of crypto investors would allow AI to help manage a portfolio if appropriate safeguards and a trusted brand were available.