Coinbase Unveils Tool Allowing AI Models to Make Payments and Execute Trades on User Behalf

Coinbase has launched 'Coinbase for Agents', a tool that allows AI models to connect to a user's Coinbase account and make payments or execute trades on their behalf.

The company says this is part of its efforts to reduce oversight for users, allowing them to manage crypto activities without constant manual involvement. This includes tasks such as distributing funds to reward programs and scheduling recurring purchases.

Coinbase also introduced 'Coinbase Advisor', an AI agent integrated into its app that offers guidance on trades. However, the company emphasizes the distinction between advisory support inside the app and actual trading execution by agents.