AI Agent · Google · Amazon · Agentic AI · Coinbase · Cointelegraph
However, data reveals that AI-agent transaction activity on the blockchain remains relatively small
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Ofrat acknowledged that AI agent adoption is “still early.” “Cointelegraph is in the infrastructure-building phase,” Ofrat said, adding that ”card infrastructure took decades to develop the controls and trust layers it has today…These things don't happen overnight.”
Key facts
- However, data reveals that AI-agent transaction activity on the blockchain remains relatively small, with x402.org data showing that only $24.2 million worth of trading volume has been facilitated
- Coinbase CEO Brian Armstrong and Circle CEO Jeremy Allaire are among many crypto executives who predict AI agents will overtake humans as the main users of blockchain transactions in the coming years
- In early May, Amazon Web Services said it integrated Coinbase’s x402 payments protocol into Amazon Bedrock AgentCore to allow AI agents to transact in USDC (USDC) and access services
- If even a fraction of the more than 1 billion people who use AI daily delegate authority to AI agents for online spending, stablecoin adoption would grow substantially, a Fireblocks executive said
Summary
If even a fraction of the more than 1 billion people who use AI daily delegate authority to AI agents for online spending, stablecoin adoption would grow substantially, a Fireblocks executive said. Digital assets platform Fireblocks has deepened its push into AI agent infrastructure by launching Agentic Payments Suite, a framework purpose-built to support the x402 protocol, as it also joined the x402 Foundation. Fireblocks said Wednesday that its full-stack solution would cover “the full lifecycle” of AI agent payments, including wallet infrastructure for agents to send funds and an acceptance layer for merchants to receive them. A key area of focus for Fireblocks with Agentic Payments Suite is to scale stablecoin adoption through the use of AI agents. “Over a billion people use AI assistants daily,” Fireblocks co-founder and chief product officer Idan Ofrat told Cointelegraph.