Coinbase Envisions Stablecoins as Core of Machine Economy

The cryptocurrency exchange is developing infrastructure for AI agents to utilize stablecoins like USDC for transactions, bypassing traditional banking systems.

USDC

Summary

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Terms & Concepts
  • Stablecoins: Cryptocurrencies designed to maintain a stable value relative to a fiat currency or a basket of goods.
  • USDC: A stablecoin pegged to the U.S. dollar, commonly used for digital transactions and trading.
  • Self-custodial wallets: Wallets that allow users to maintain control over their private keys and funds without relying on third parties.