Google Collaborates with Coinbase to Introduce Stablecoin Payment Solutions for AI Applications

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Google is advancing the integration of artificial intelligence (AI) with digital currency by introducing a new open-source protocol. This innovative system allows AI applications to facilitate payment transactions, including support for stablecoins—digital currencies that are tied to traditional fiat currencies like the U.S. dollar, as detailed in a recent press announcement.

To enable stablecoin functionality, Google has partnered with Coinbase, a cryptocurrency exchange based in the United States that has been working on its own AI-driven payment solutions.

The tech giant also collaborated with the Ethereum Foundation and coordinated efforts with over 60 additional organizations such as Salesforce, American Express, and Etsy to address various use cases within conventional finance.

This initiative builds upon Google’s previous endeavors aimed at creating standards for “AI agents.” These virtual assistants may one day perform intricate tasks independently—such as negotiating loan agreements or shopping for apparel—without requiring direct human oversight.

In April, Google introduced a protocol designed to standardize communication between agents. The most recent update expands this framework into financial transactions, focusing on ensuring that payments are secure and interoperable while aligning with the intentions of human users.

This experiment by Google reflects an increasing trend within the stablecoin sector. Earlier this year, Circle—the issuer of USDC—saw significant demand during its IPO process, leading some analysts to propose that stablecoins could represent a forthcoming “monetary revolution.”

According to data from DefiLlama, there are currently $289 billion worth of stablecoins circulating in the market—a notable increase from $205 billion at the beginning of this year.