The chief executive of the US-based crypto exchange Coinbase says the future of AI may run on stablecoins.
Speaking on the company’s latest earnings call, Brian Armstrong says there is no other payment rail that could serve the needs of AI agents better than stablecoins.
“If you were designing money from scratch today, you’d get crypto and stablecoins where you can transfer funds anywhere in the world and under a second for less than $0.01. With the unrivaled efficiency gains, all signs point to stablecoins continuing to grow. We’re even seeing these AI agents adopt stablecoins for payment, and I believe that stablecoins will be the default payment method for AI agents.”
Armstrong says Coinbase has released tools that allow developers to equip AI agents with crypto wallets capable of making payments and conducting transactions autonomously.
“These AI agents that have been spinning up, we put out some really useful tools for developers to just get any AI agent a crypto wallet and begin to make stablecoin payments and begin to complete agentic commerce essentially. And that started to get quite a good amount of traction.”
Earlier this week, Coinbase rolled out Awal, or agentic wallet, that allows AI agents to move stablecoins and tokens on their own.
According to Armstrong, its layer-2 Ethereum solution Base is already facilitating stablecoin transactions between AI agents.
“Just last week, as crypto prices fell, gold and silver futures drove record notional volume on our exchange. We hit our highest 24-hour trading volume in over a year, in fact, and Base set a new transaction all-time high with AI agents adopting stablecoin wallets. Base is quickly establishing itself as the on-chain home for AI.”
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