Coinbase Dives Into AI Agent Payments

Crypto exchange Coinbase is moving fast to build the infrastructure that allows AI agents to make payments, seeking a lead in the nascent market that could become a battleground for payments firms.

Coinbase and Zerohash, a crypto infrastructure startup, are among the companies vying to issue a new stablecoin for Cloudflare that is set to launch this year, according to people familiar with the matter. The deal could put the winner’s stablecoin at the center of agent-based traffic because of Cloudflare’s critical role in managing web traffic and cybersecurity.