- Google enables AI agents to send and receive payments using stablecoins through a new open-source protocol.
- Coinbase and over 60 firms helped Google build a payment system for both crypto and traditional transactions.
- The new protocol could let AI agents make payments without human help using stablecoins and card networks.
Google has introduced a new payment protocol that enables AI agents to send and receive money, including stablecoins. The company collaborated with Coinbase to add crypto capabilities to the system. This move signals a deeper link between artificial intelligence and decentralized finance.
The protocol extends Google’s Agent-to-Agent (A2A) specification, first released in April. It adds secure payment layers that support both traditional and blockchain-based transactions. Google confirmed the protocol was developed to support card payments and stablecoins in one system.
The rollout includes input from more than 60 partners, such as American Express, Salesforce, Etsy, and several consulting firms. These include Deloitte, McKinsey, and PwC. The Ethereum Foundation also provided technical guidance on blockchain elements.
Stablecoins Play Central Role
Stablecoins are key to the system. Their dollar-pegged value allows faster and verifiable transactions between AI agents. These agents operate autonomously, which makes verified payments critical. The protocol uses stablecoins to allow agents to settle payments on-chain without human input.
This feature is expected to unlock new real-world uses for crypto. The Ethereum Foundation has supported similar ideas, suggesting AI agents could become top users of stablecoins. The use of Ethereum’s EIP-3009 could allow these transfers to occur automatically.
Recent regulatory clarity in the U.S. has also given stablecoins a boost. The GENIUS Act has added momentum by outlining clearer rules for dollar-pegged digital assets. The leaders of the industry are anticipating that AI and stablecoins will increase in scale.
Industry-Wide Collaboration
The payment protocol is open-source. It has been shaped by contributions from tech, finance, and blockchain sectors. Coinbase engineers helped align crypto systems with Google’s payment rails. Google designed the system to verify consent, enforce limits, and manage settlement.
The system integrates with existing networks like Visa and Mastercard, alongside blockchain platforms. It aims to provide a shared standard for how AI agents transact. This could reduce friction and ensure accountability in automated agent interactions.
The protocol may also enable cross-platform payments between AI systems from different companies. This is essential as firms invest in autonomous software to manage tasks, make purchases, or carry out trades.
Larger Push into Blockchain Infrastructure
Google’s launch follows other moves into blockchain infrastructure. The company recently piloted a Universal Ledger through Google Cloud. This ledger focuses on programmable settlements for financial institutions.
Meanwhile, the Ethereum Foundation has announced a new decentralized AI team. This team will work on ensuring that Ethereum becomes the basis of AI-driven applications. Moreover, it also announced a new roadmap for building full privacy on its blockchain. Collectively, these initiatives are indicative of an upward trend in machine-to-machine payments.
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