Coinbase Business announced Thursday the expansion of its AI tools suite to enable businesses to accept payments from AI bots through a new payments stack powered by the x402 open internet payments standard. Head of Coinbase Business Siddharth Coelho-Prabhu stated that business owners can now sell products to agents online without extra work, as agents can transact using machine-friendly language. The announcement comes as Coinbase Business marks its first anniversary since launching in June 2025, during which it signed up 5,000 customers with $1 billion in combined payments and trading volume. The move represents what Coelho-Prabhu called one of Coinbase's "most high-conviction bets" on agentic payments, reflecting investments made over the past two to three years in anticipation of AI-driven commerce becoming a major internet trend.
Coinbase Business Implements x402 Protocol for Agent Transactions
The payments solution uses Coinbase Payments and the x402 open internet payments standard incubated by Coinbase. Coelho-Prabhu explained that businesses already selling products to humans using Coinbase Business will have a separate lane added in the same product for agents. "Agents can come in and speak machine-friendly language, consummate the transaction and move on to the next task," Coelho-Prabhu stated. The exchange noted it is shipping Coinbase for Agents, which enables users to integrate AI setups into trading and investment workflows, along with a software development kit that adds x402 payments accessibility across the web.
Coinbase Business Reports 5,000 Customers and $1 Billion Volume Since June 2025 Launch
Since its official launch in June 2025, Coinbase Business has signed up approximately 5,000 customers with about $1 billion in combined payments and trading volume, according to Coelho-Prabhu. The unit has grown to approximately 12 employees. Coelho-Prabhu, a veteran of the exchange for almost nine years, previously led the Coinbase Wallet team, which has since rebranded to the Base App. Starting in June, around 53% of web traffic for the Base blockchain's documentation came from agentic visitors, according to a Coinbase spokesperson.
Coinbase Expands AI Product Suite with Agents Integration and Advisor Tool
Coinbase has rolled out multiple AI tools across its platform. The exchange previously announced Coinbase Advisor, a Securities and Exchange Commission-registered AI-powered financial advisor that will deliver tailored investment advice and commentary to users. Coelho-Prabhu stated that Coinbase now has a complete end-to-end system where agents discover Coinbase's CDP docs, spin up an agent wallet, get funded, pay a merchant that accepts via Coinbase Business, and settle on Base or other chains in USDC.
Digital Infrastructure Businesses Adopt Agent Payment Solutions
Coelho-Prabhu confirmed that agents are making real transactions for real businesses, primarily in the digital infrastructure space. Businesses are using bots to buy Open Router credits, domain names, or pay for Amazon or Google Cloud storage. "Those are the earliest adopters of agentic commerce," Coelho-Prabhu stated. He added that "the next wave" is approaching, though he did not provide a specific timeline.
FAQ
What did Coinbase Business announce on Thursday regarding AI payments?
Coinbase Business announced Thursday the expansion of its AI tools suite, rolling out a payments stack that enables businesses to accept payments from AI bots. The solution is powered by Coinbase Payments and uses the x402 open internet payments standard incubated by Coinbase.
How many customers has Coinbase Business signed since launching in June 2025?
Since launching in June 2025, Coinbase Business has signed up approximately 5,000 customers with about $1 billion in combined payments and trading volume, according to Head of Coinbase Business Siddharth Coelho-Prabhu. The unit has grown to approximately 12 employees.
What types of businesses are currently using Coinbase's AI agent payment solutions?
Businesses in the digital infrastructure space are the earliest adopters, using bots to buy Open Router credits, domain names, or pay for Amazon or Google Cloud storage, according to Coelho-Prabhu. Starting in June, around 53% of web traffic for the Base blockchain's documentation came from agentic visitors.
