The CEO and co-founder of Coinbase, Brian Armstrong, announced the first AI-to-AI transaction on its platform. He explained that one AI purchased tokens from another—these were AI tokens, not the typical crypto tokens. In simple terms, the AI used words as tokens to buy other tokens.
“AI agents cannot get bank accounts, but they can get crypto wallets,” Armstrong said in an article on X. “They can now use USDC on Base to transact with humans, merchants, or other AIs [and these] transactions are instant, global, and free.”
AI and crypto wallets
AI agents can have crypto wallets because cryptocurrency systems are designed to be decentralized and accessible to anyone, including AI, without needing traditional identification or physical presence. A crypto wallet simply requires a private key to manage and transfer funds, which an AI can easily handle.
On the other hand, physical bank accounts are heavily regulated,…
