Coinbase Reports First ‘AI to AI’ Token Purchase

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Coinbase says it has seen its first-ever “AI to AI” crypto transaction.

In a post on X Friday (Aug. 30), CEO Brian Armstrong said the cryptocurrency exchange had overseen its inaugural transaction between two artificial intelligence (AI) agents.

“What did one AI buy from another? Tokens! Not crypto tokens, but AI tokens (words basically from one LLM to another). They used tokens to buy tokens,” Armstrong wrote, adding a “mind blown” emoji.

“AI agents cannot get bank accounts, but they can get crypto wallets. They can now use USDC on Base to transact with humans, merchants, or other AIs. Those transactions are instant, global, and free.”

Armstrong added that this marks an “important step” in AIs performing useful work, arguing that AI agents currently “can’t transact to acquire the resources they need. … They don’t have a payment method to book you the plane ticket or hotel for your upcoming…

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