Google launches AI payment protocol with Coinbase, enabling stablecoin transactions and signaling crypto’s role in the AI-driven economy.

Google, Coinbase unveil AI payment protocol with stablecoins

Google has unveiled a new payment protocol for artificial intelligence applications that supports transactions in stablecoins. This is another step towards the merger of cryptocurrencies and the AI ​​economy.

According to Fortune, the initiative is being implemented in partnership with Salesforce, American Express and more than 60 other companies. Google worked on the stablecoin functionality together with the Coinbase exchange, and the Ethereum Foundation also provided advice.

How it works

James Tromans, head of Web3 at Google Cloud, confirmed the launch:

“The protocol is designed to support both existing payment rails and future opportunities such as stablecoins.”

Coinbase engineer Eric Reppel explained that the teams integrated the systems so that they were interoperable:

“We’re all working on making AI able to transfer value to each other.”

The new protocol builds on the Agent2Agent Protocol, unveiled in April. At the time, Google created an infrastructure for efficient data exchange between AI agents with support from PayPal, SAP, Deloitte, McKinsey, and PwC.

Why stablecoins

The idea is that autonomous AI agents will be able to conduct instant dollar transactions without human intervention. This opens up opportunities for both decentralized commerce and real-world payments.

Stablecoins have already received regulatory support in the US through the GENIUS Act, and Galaxy Digital CEO Mike Novogratz predicts that AI will be “the biggest user of stablecoins.”

The Ethereum Foundation also sees this as a promising prospect: in August, the organization drew attention to the HTTP code 402 (“payment required”) and EIP-3009, which could become the basis for automated AI payments.

“Autonomous agents will soon become the largest consumers of Ethereum,” the EF said.