Google’s new AI platform supports stablecoins and partners with Coinbase
Tech giant Google unveiled a new open-source AI platform that supports payments in stablecoins alongside traditional methods such as credit and debit cards.
The platform is designed to optimize transactions between AI applications, making payments faster and more flexible.
For stablecoin integration, Google entered a partnership with Coinbase, which has developed its own AI and cryptocurrency payment system.
“We are all working to understand how to make AI benefit each other,” said Eric Reppel, head of engineering for Coinbase’s developer platform.
Additionally, the tech giant collaborates with the Ethereum Foundation and more than 60 other organizations, including Salesforce, American Express, and Etsy, to ensure broad compatibility and transaction security.
Google stated that it will use AI agents to facilitate seamless autonomous transactions between different AI applications.
“We built it from the ground up, taking into account both legacy and existing payment system capabilities, as well as future possibilities such as stablecoins,” said James Tromans, head of Web3 at Google Cloud.
Recently, Google has been actively exploring blockchain and the crypto ecosystem. In August of last year, Google Cloud launched its own first-layer blockchain, Google Cloud Universal Ledger, designed to optimize digital payment processes for financial institutions and businesses. The protocol is currently running in a closed test network, with public deployment planned in the coming months.
See also: "BlackRock purchased bitcoins and ethers worth $600 million in a single day"
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