Base Releases Protocol for AI-Powered Crypto Wallet Interactions

Base has released a new protocol called Base MCP that allows AI agents to interact with users' crypto wallets and DeFi applications through natural language commands. This development marks an important step towards creating more user-friendly interfaces for cryptocurrency transactions.

The tool uses the Model Context Protocol (MCP), which is an open standard developed by Anthropic. With MCP, AI agents can connect directly to Base accounts, enabling users to perform various actions such as sending funds, swapping tokens, and accessing DeFi protocols without having to open separate apps or websites.

Base MCP also includes safeguards against common attack vectors such as phishing and domain hijacking attacks. The system is fully non-custodial, meaning that the MCP server never holds access to a user's private keys. When an AI agent initiates a transaction, the system stores it locally as a pending request, which requires manual review by the user before any signing takes place.