Why AI Agents Will Need Their Own Bank Accounts — Lincoln Murr, Coinbase
Lincoln Murr, head of AI product at Coinbase, explains agentic finance: agents that pay with money and agents that grow it.
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Key points
- He covers the path from AgentKit, an early experiment giving an AI a wallet, to x402, an open standard built on the long-unused HTTP 402 "payment required" code. x402 now handles hundreds of millions of agent transactions a month.
- Other topics are microtransactions as a replacement for the ad economy, agents running trades on simple instructions, and what two years of building taught Coinbase.
- 01:20 AgentKit: giving an AI a wallet
- 14:21 Where agentic finance is heading
Sources (1)
- [1]Why AI Agents Will Need Their Own Bank Accounts — Lincoln Murr, CoinbaseAI Engineer (YouTube) · Oct 20, 07:00 AM
Lincoln Murr, head of AI product at Coinbase, explains agentic finance: agents that pay with money and agents that grow it.
He covers the path from AgentKit, an early experiment giving an AI a wallet, to x402, an open standard built on the long-unused HTTP 402 "payment required" code. x402 now handles hundreds of millions of agent transactions a month.
Extractive summary: sentences quoted from the sources.
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