Coinbase Unveils AI-Powered Protocol for Seamless Crypto Payments

Coinbase has launched an AI-powered protocol enabling autonomous cryptocurrency payments, integrating artificial intelligence with stablecoin transactions through a new communication protocol.

• Coinbases new Payments MCP utilizes the Model Context Protocol, allowing artificial intelligence to autonomously manage cryptocurrency wallets and conduct stablecoin payments efficiently.
• The Payments MCP connects AI technology to scalable on-chain value transfers, enhancing the ability of machines to transact without human intervention via a standardized communication protocol.
• Built on the x402 open payment standard, Coinbases Payments MCP leverages the long-dormant HTTP 402: Payment Required to facilitate seamless API integrations in the crypto space.