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Coinbase Unveils Payments MCP: A New Protocol Bridging AI and Blockchain

Coinbase Unveils Payments MCP: A New Protocol Bridging AI and Blockchain

Published:
2025-10-27 16:00:15
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Coinbase has taken a significant step forward in integrating artificial intelligence with blockchain technology by introducing Payments MCP. This innovative protocol enables AI agents, such as Anthropic's Claude and Google's Gemini, to autonomously interact with blockchain networks, manage wallets, and execute cryptocurrency transactions. Developed by the Coinbase Developer Platform, this launch coincides with the establishment of the x402 Foundation, a collaborative effort between Coinbase and Cloudflare aimed at standardizing AI-driven blockchain interactions. This development marks a pivotal moment in the convergence of AI and decentralized finance, potentially revolutionizing how automated systems engage with digital assets. As of October 28, 2025, this breakthrough underscores Coinbase's commitment to advancing the infrastructure that supports the growing synergy between cutting-edge technologies.

Coinbase Introduces Payments MCP to Bridge AI and Blockchain

Coinbase has launched Payments MCP, a protocol enabling AI agents to interact directly with blockchain networks. The system allows models like Anthropic's Claude and Google's Gemini to autonomously manage wallets and execute crypto transactions.

Developed by Coinbase Developer Platform, the innovation coincides with the formation of the x402 Foundation—a collaboration between Coinbase and Cloudflare aimed at standardizing AI-driven payments. Executives Dan Kim and Erik Reppel emphasize that the protocol mirrors human blockchain capabilities, from wallet creation to stablecoin transactions, all governed by natural language commands.

Unlike traditional MPC encryption, Model Context Protocol (MCP) links large language models to external services. Stablecoins emerge as the ideal medium for AI payments due to instant settlement, API compatibility, and disintermediation.

Coinbase Launches Payments MCP for AI-Driven Crypto Transactions

Coinbase has introduced Payments MCP, a groundbreaking tool enabling AI systems to conduct blockchain transactions autonomously. The solution allows AI agents to create wallets, onramp funds, and transfer stablecoins without manual coding or API integration—ushering in what the exchange terms "agentic commerce."

Built on the x402 open payment standard, Payments MCP integrates with leading AI platforms including Anthropic's Claude and OpenAI's Codex. The system grants AI controlled financial agency through natural language commands, with built-in safeguards like spending limits and session caps to maintain user oversight.

This development advances Coinbase's vision of programmable digital money, positioning crypto as the native settlement LAYER for machine-to-machine commerce. The wallet infrastructure requires only an email for activation, combining accessibility with regulatory compliance.

Coinbase Launches AI-Powered Crypto Payment Protocol

Coinbase has unveiled Payments MCP, a groundbreaking system enabling autonomous AI agents to execute cryptocurrency transactions. Built on the x402 protocol—an internet-native payment standard—this innovation allows AI systems to create wallets, fund accounts, and send stablecoin payments without developer intervention.

The protocol leverages the unused HTTP 402 status code to facilitate direct value transfers between AI agents and crypto networks. Security features include customizable funding limits and approval thresholds, addressing concerns about autonomous financial operations.

Integration with leading AI platforms like Claude and Gemini positions Coinbase at the intersection of artificial intelligence and decentralized finance. This MOVE signals a strategic push to establish crypto infrastructure as the backbone for machine-to-machine transactions in emerging digital economies.

Crypto Giants Ripple, Tether, and Coinbase Fund Trump's $300M White House Ballroom

Major cryptocurrency firms are making a bold entry into political financing. Ripple, Tether, and Coinbase have collectively backed President Trump's $300 million WHITE House ballroom project, marking one of the crypto industry's most significant political moves to date. The private funding initiative aims to reshape political influence without taxpayer money.

Ripple's undisclosed contribution signals a strategic pivot from legal battles to political engagement. CEO Brad Garlinghouse has intensified Washington outreach, including reported meetings with TRUMP during a blockchain summit. The company appears to be trading courtroom fights for lobbying power.

Tether and Coinbase join Ripple in this high-stakes political play, positioning crypto donors as emerging power brokers in national decision-making. The ballroom project serves as both a physical expansion and a symbolic bridge between blockchain innovation and federal policymaking.

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