Coinbase launches Payments MCP, a new protocol allowing Gemini and Claude to execute wallet operations and stablecoin payments using natural language commands.
Coinbase has successfully launched a new developer tool called “Payments MCP”. This system makes it possible for big language models (LLM) to conduct some important operations with your wallet. Therefore, models such as Gemini and Claude can now carry out payments. Specifically, they have good use of simple natural language commands.
New Protocol Bridges AI Agents with Crypto Economy
Developed by the Coinbase Developer Platform, the tool allows for local deployment. In addition, this enables full customization. In addition, the tool is in line with the new x402 Foundation initiative. This foundation is spearheaded now by Coinbase and CloudFlare. Therefore, this effort is aimed at successfully standardizing payments.
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After this, this release brings forward the era of the agentic commerce to a great extent. In this new era, AI agents do not simply analyze data effectively. Crucially, they are now able to act on their own within the global economy. Thus, Payments MCP provides AI agents with the same financial tools that humans are using now.
The system makes the wallet function as a secure “tools” in general. Consequently, these functions can be called easily by an AI agent. This is done with the help of natural language commands from the user. Therefore, developers can create autonomous agents that have payment capabilities right away.
Additionally, Payments MCP is based on x402 protocol. This protocol is designed for machine-to-machine crypto transfers that are successful. Furthermore, the x402 standard has used the status code of http 402 Payment Required. This allows stablecoin payments to be made immediately on a pay-per-use basis.
Payments MCP Enables Frictionless AI-Driven Commerce
Coinbase believes crypto rails are the perfect infrastructure at present. Specifically, stablecoins are ideal for agentic commerce. They have the speed of code instantaneously. Furthermore, they integrate with APIs in general. Therefore, autonomous agents can take action without human friction and be successful.
Consequently, now Payments MCP is seen as the missing link. It links intelligent automation to real economic participation well. Vital security features are also included in the system now. For instance, a wallet spending limit can be set easily. Moreover, secure integration of compliance checks is incorporated.
This framework contributes to the creation of “24/7 programmable economies” in general. In particular, machines are able to transact autonomously and efficiently now. This allows assets and services in the physical world to be purchased by AI agents. In addition, it avoids the need for human involvement often.
Ultimately, this new approach makes it easy to carry out frictionless “agentic commerce.” It enables AI agents to purchase services automatically when the need arises. As such, the requirement for old-fashioned accounts or subscriptions is removed. Therefore, this results in a much smoother user experience in general.
The launch is right after the formation of the x402 Foundation. This initiative aims to successfully standardize the AI payments. Through developing on this open source protocol, Coinbase is helping to create new infrastructure. This infrastructure is company-neutral for all AI-powered transactions now.
