Coinbase x402 adds ID and age checks for AI stablecoin payments
Coinbase’s internet-native payment protocol, x402, has integrated Concordium’s identity and age-verification system to enable AI agents to make automated stablecoin payments, the companies announced Tuesday.
The integration is intended to allow AI-powered applications to pay for goods and services that require age or identity checks, including travel bookings, online content, video games, and other restricted services. Concordium CEO Boris Bohrer-Bilowitzki said the partnership aims “to enable verified stablecoin payments at scale.”
Unveiled in May and developed by Coinbase, x402 is a protocol that facilitates pay-per-use transactions online. It is designed as a stablecoin payment standard over HTTP, enabling payments to be executed directly via standard web requests without logins or complex authentication steps.
Concordium has also expanded its age-verification capabilities through additional partnerships, including a recent agreement with Bitcoin.com to support verified stablecoin payments across the platform’s network of over 75 million wallets.
Source: Vitto Rivabella
AI seen as a major new user of stablecoins
Stablecoins are among the earliest blockchain-based products to gain widespread adoption, with the total value of fiat-pegged tokens in circulation now exceeding $300 billion. Industry leaders suggest the next major driver of stablecoin usage may be artificial intelligence rather than individual consumers.
Mike Novogratz, CEO of Galaxy Digital, told Bloomberg that “in the not-so-distant future, the biggest user of stablecoins is going to be AI.”
Major technology companies are moving in that direction. Google has developed an open-source protocol that allows AI applications to send and receive stablecoin payments directly, signaling growing interest in machine-to-machine transactions.
The Ethereum Foundation has also highlighted the role stablecoins could play in powering AI-based systems, stating that “autonomous agents are about to become Ethereum’s biggest power users.”
Separately, agentic finance protocol Beep recently launched a wallet on the Sui network, enabling AI agents to send and receive stablecoin payments with zero transaction fees.
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