Coinbase CEO hinted stablecoin-driven transactions between agents, economists say cryptocurrencies are AI-based currencies

After Coinbase CEO Brian Armstrong announced the integration of x402 into Google’s Agentic Payments Protocol (AP2), renowned economist Alex Tabbarok described cryptocurrency as the “currency” of artificial intelligence. This enables AI agents to trade using USDC stablecoins, enabling automated payments such as data crawling and microtasks without human intervention. Coinbase shares fell 0.39% in pre-market trading to close at $327.91.