Google launches AI payments protocol with stablecoin support

Google has launched a new AI payments protocol that enables money transfers between AI agents and supports stablecoins. The open-source protocol integrates traditional payment methods, including credit and debit cards, with digital assets pegged to stable values, such as the US dollar.

To ensure compatibility with stablecoins, Google partnered with cryptocurrency exchange Coinbase and other companies, including the Ethereum Foundation. Over 60 organizations, including Salesforce, American Express, and Etsy, were consulted during development.

The protocol allows AI agents to transact securely while preserving user intentions. James Tromans, head of Web3 at Google Cloud, stated that the protocol integrates existing payment infrastructure with new stablecoin capabilities. Collaboration with Coinbase ensures interoperability across different AI payment platforms.

Google joins other major tech firms exploring stablecoin integration, including Apple, Meta, Airbnb, and Shopify, signaling growing interest in digital assets for mainstream payments.