TLDR · SCIENCE & FUTURISTIC TECHNOLOGY

COINBASE BETS ON THE RISE OF AI PAYMENTS FUELED BY DIGITAL DOLLARS

bloomberg.com5 min read

Summary from the TLDR newsletter

Coinbase recently held a Crypto x AI hackathon where about 100 engineers spent the weekend building payment infrastructure with real-world purpose. Developers at the hackathon were encouraged to integrate Coinbase's x402 open-source payment protocol, which is designed to let apps, bots, or machines charge and settle instantly in stablecoins, into their projects. Coinbase wants to build the back-end infrastructure of the AI economy. The US Congress recently passed the first US law regulating stablecoins, giving them a clear legal framework, allowing developers to take them more seriously.