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Coinbase partners with Mastercard and Cloudflare to support autonomous digital transactions
Coinbase announced its participation in a collaboration with Mastercard and Cloudflare to support agentic payments, enabling AI agents to autonomously conduct digital transactions under controlled permissions and budgets. The initiative is now in an Early Access phase for developers, following a demonstration of the 'Agent Pay for Machines' framework at Cloudflare Connect.
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Mastercard, in collaboration with Cloudflare, has introduced the "Agent Pay for Machines" framework, which enables AI agents to autonomously conduct digital purchases within parameters set by human administrators. This system utilizes the open x402 protocol to facilitate payments through signed vouchers, allowing services to request and receive payments from AI agents. Coinbase participates by providing wallet infrastructure and funding through its Developer Platform, while Base manages on-chain settlement. The Early Access phase is now open to developers, who can use the available APIs and sandbox tools to experiment with agentic commerce use cases.
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Coinbase is a cryptocurrency exchange catering to users from over 100 countries and offering access to major cryptocurrencies including Bitcoin, Ethereum, Litecoin, Ripple, and BitcoinCash. The platform provides both a web version and mobile apps, supports offline storage of assets for security, and features educational programs that allow users to earn while learning about the crypto market. For more information, read the broker profile on Traders Union: Coinbase broker profile on Traders Union.
For more background, the previous Coinbase update on Traders Union discussed how technical pressures and cautious momentum persisted despite positive news on crypto adoption and product expansion. To understand recent trends in greater detail, see the earlier news about Coinbase.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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