AI Agent · Coinbase · Ethereum · Bitcoinist
Coinbase’s Base Launches New Infrastructure For AI-Controlled Crypto Wallets
Compiled by KHAO Editorial — aggregated from 1 source. See llms.txt for citation guidance.
◌ Single Source
Only $1.1 million in transaction volume has passed through Coinbase’s x402 payment protocol in the past 30 days.
Key facts
- Only $1.1 million in transaction volume has passed through Coinbase’s x402 payment protocol in the past 30 days
- Data shows that economy is still getting started, x402 has processed $1.1 million in volume over the last 30 days, according to x402scan
- Lincoln Murr, Coinbase’s head of AI Product, described Base MCP as a wrapper on top of existing APIs
- The launch is also expected to drive more activity through x402, the agentic payment standard Coinbase introduced in May 2025
Summary
Base, the Ethereum layer-2 network operated by Coinbase, has rolled out a tool that lets AI agents carry out blockchain operations directly from a chat interface. Called Base MCP, the system works with AI models including Anthropic’s Claude and OpenAI’s ChatGPT, allowing users to transfer funds, swap tokens, check balances, and pull up transaction history without leaving the conversation window. The tool also connects to a range of crypto apps, including Morpho, Moonwell, Uniswap, Aerodrome, Avantis, Bankr, and Virtuals. Users interact with these platforms through the AI agent, which proposes actions that must then be approved by the user through a separate wallet window.