US EditionGoogle Teams Up With Coinbase to Bring Stablecoin Payments to AI Apps
The Agent Payments Protocol, supported by over 60 organizations including Mastercard and Coinbase, enables secure AI-driven transactions with cryptographically signed mandates and stablecoin integration.
- Google launched the Agent Payments Protocol on Tuesday, an open protocol designed to secure AI agent-led financial transactions across platforms.
- The protocol was developed collaboratively with over 60 organizations, including Mastercard, American Express, PayPal, Coinbase, and Salesforce, to address complex agentic purchasing challenges.
- The AP2 protocol mandates that agents obtain two distinct cryptographically signed approvals—an intent mandate to authorize item searches and negotiations, followed by a cart mandate granting final consent to complete a purchase—thereby verifying user authorization and validating transactions.
- Google VPs Stavan Parikh and Rao Surapaneni emphasized their dedication to advancing the protocol through a transparent and cooperative approach, encouraging the broader technology community to participate in its development.
- The launch creates a significant footprint for agentic payments, enabling secure transactions with support for stablecoins and traditional payment methods, and suggests growing ecosystem adoption.
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Google Teams Up With Coinbase to Bring Stablecoin Payments to AI Apps
Google is taking a step toward merging artificial intelligence (AI) and digital money, rolling out a new open-source protocol that lets AI applications send and receive payments, which includes support for stablecoins, digital tokens pegged to fiat currencies such as the U.S. dollar, according to a press release.To incorporate stablecoin rails, Google teamed up with U.S.-based crypto exchange Coinbase, which has been developing its own AI-integr…
Google Unveils AI Payment Protocol With Coinbase As Partner For Stablecoin Integration – MAXBIT
On Tuesday, the multinational tech company Google announced the release of a new payment protocol designed to streamline the process of sending and receiving money for artificial intelligence (AI) applications. This open-source initiative expands beyond traditional payment methods like credit and debit cards to include stablecoins. Google’s New Payments Protocol To facilitate the integration of...
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