First 'AI to AI' Crypto Payments Now Underway, According to Coinbase CEO Brian Armstrong

Full Article
First 'AI to AI' Crypto Payments Now Underway, According to Coinbase CEO Brian Armstrong

Coinbase CEO Brian Armstrong announced that AI agents are now capable of conducting crypto transactions among themselves. The first AI-to-AI transaction involved the exchange of AI tokens, showcasing a new frontier in digital transactions. This development allows AI agents to utilize crypto wallets for instant, global transactions without traditional banking limitations.

The ability for AI agents to transact marks a significant advancement in their operational capabilities. Previously, AIs faced challenges in acquiring necessary resources due to the lack of payment methods. Now, with access to crypto wallets and the ability to use USDC on Base, AIs can engage in transactions that enhance their functionality and efficiency.

• AI agents can now conduct crypto transactions among themselves.

• AIs utilize crypto wallets for instant global transactions.

Key AI Terms Mentioned in this Article

AI Tokens

In this context, AI tokens represent the exchange of information or resources between AI models.

Crypto Wallets

AI agents can now use crypto wallets to perform transactions without needing traditional bank accounts.

USDC

AIs can now transact using USDC, enabling them to acquire resources and services.

Companies Mentioned in this Article

Coinbase

Coinbase's role is pivotal as it facilitates the first AI-to-AI transaction in the crypto space.

Amazon Web Services

AWS is relevant as AIs previously lacked payment methods to access its services, highlighting the limitations faced before the introduction of crypto transactions.

Get Email Alerts for AI News

By creating an email alert, you agree to AIleap's Terms of Service and Privacy Policy. You can pause or unsubscribe from email alerts at any time.

Latest Articles

Alphabet's AI drug discovery platform Isomorphic Labs raises $600M from Thrive
TechCrunch 7month

Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600

AI In Education - Up-level Your Teaching With AI By Cloning Yourself
Forbes 7month

How to level up your teaching with AI. Discover how to use clones and GPTs in your classroom—personalized AI teaching is the future.

Trump's Third Term - How AI Can Help To Overthrow The US Government
Forbes 7month

Trump's Third Term? AI already knows how this can be done. A study shows how OpenAI, Grok, DeepSeek & Google outline ways to dismantle U.S. democracy.

Sam Altman Says OpenAI Will Release an 'Open Weight' AI Model This Summer
Wired 7month

Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.

Popular Topics