Coinbase launches Coinbase for Agents, a platform for creating AI-powered agent accounts.

CoinFeed reported on June 12th that, according to The Block, Coinbase has launched Coinbase for Agents, a platform specifically designed for creating accounts and sub-accounts for AI agents. These AI agents will be able to seamlessly handle trading, fund management, and payments, eliminating the need for users to manually top up their individual wallets. Users can use natural language commands to instruct the agents to execute repetitive strategies such as weekly portfolio rebalancing. Lincoln Murr, Coinbase's AI product lead, revealed that the service has built-in support for the x402 open AI payment standard, enabling machine-to-machine micropayments for accessing paid content, APIs, and data. Over 10,000 online merchants have already integrated x402.