Coinbase's corporate customers can now accept payments from AI agents
Coinbase has launched the x402 protocol, allowing corporate customers to accept USDC payments directly from autonomous AI agents. The initiative also includes a new SDK for developers and tools for users to manage AI-driven crypto trading through natural language commands.
Why it matters
This development marks a significant step toward the 'agentic economy,' where AI software can autonomously conduct financial transactions, potentially expanding the utility of stablecoins in B2B and B2C commerce.
Rolling out this week, Coinbase Business users will be able to accept payments from AI agents, done via the x402 protocol, developed and incubated by the exchange. This means a business can now let an agent pay in USDC, with no extra setup, powered by Coinbase Payments, according to a press release on Thursday.
Sid Coelho-Prabhu, Head of Coinbase Business, said any shopping scenario has two sides: a shopper armed with a credit card and bank account goes into a store where a merchant has a point of sale system and bank account, and the two shake hands at the checkout.
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