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Coinbase Launches Dedicated Crypto Wallets for AI Agents to Enable Autonomous Transactions

AI & Innovation

Coinbase has officially introduced a new category of cryptocurrency wallets specifically engineered for artificial intelligence (AI) agents. This initiative aims to provide AI-driven entities with the ability to participate in the digital economy by performing financial transactions autonomously. These specialized wallets allow AI agents to hold balances, send and receive funds, and interact directly with smart contracts on the blockchain. By leveraging the Base network and USDC stablecoins, Coinbase is addressing a significant barrier in AI development: the lack of a native payment system for machines. Previously, AI models struggled to pay for computational resources or receive compensation for their services without human intervention. This development marks a significant step toward the ‘machine economy,’ where AI agents can operate as independent economic actors, managing their own budgets and purchasing necessary services like API keys or cloud storage. Coinbase believes that combining AI with the programmable nature of crypto will unlock new levels of efficiency and innovation in automated services.

Source: Coinbase unveils crypto wallets designed specifically for AI agents

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