This launch wants to turn AI into economic factors, it will come in the peak of the AI wave.
Coinbase Developer Platform (CDP) launched Agentic Wallets. For the first time, these programs can hold their funds. They can make transactions on the blockchain, they don’t need to wait for a human to approve. These wallets are built on the x402 protocol, this system processed more than 50 million transactions.
Developers can set up very fast. According to Coinbase, you can deploy a wallet in less than 2 minutes when you use the Command Line Interface (CLI). The wallets are gasless on the Base Layer 2, which means that AIs don’t need to worry about if they pay transaction fees to start.
When you give money to a robot, security is the biggest problem. To solve this, the wallets are non-custodial but they live in Trusted Execution Environments (TEE). This will keep the private keys more safe, they will never leave the Coinbase system.
The system has strict rules to control. Developers can set session spending caps. This will limit how much money an AI can spend in a day. There are also transaction limits.
Coinbase added a feature called KYT screening (Know Your Transaction). This will scan every trade before AIs do the work. If the AIs try to send money to a high-risk address, the system will block immediately.
In the past, if AIs needed to buy data or pay for server time, it had to ask a human for a credit card. Now, it can pay for these things. The protocol standardizes fees for APIs and it will compute resources. AIs can use a pay-per-use model. They pay for what they need, when they need it, we don’t have to touch anything.
These wallets will open a lot of possibilities. Coinbase will list some Real-world applications for these wallets:
This launch will change the role of AIs. They could tell you what to buy, but they could not buy it. They can earn, save, and spend money at the moment. It will make a crypto-native economy where machines can trade with other machines.
