Travala launches AI hotel booking protocol with USDC on Base

Travala has launched an AI hotel booking protocol that operates with USDC on Coinbase's layer-2 blockchain Base.

Travala has launched an AI hotel booking protocol using USDC on Coinbase's layer-2 blockchain Base. The system enables AI agents to search for and reserve hotel rooms. Users approve the final payments themselves. This development integrates artificial intelligence with cryptocurrency payments on the Base network. It focuses on streamlining parts of the hotel booking process.

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Illustration of AI agents using Amazon's payment system with Coinbase and Stripe for stablecoin micropayments.
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Amazon launches ai agent payments system with coinbase and stripe

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Amazon Web Services introduced a new infrastructure on Thursday allowing autonomous AI agents to make payments using stablecoins. The system, called Amazon Bedrock AgentCore Payments, was built in partnership with Coinbase and Stripe. It focuses initially on micropayments for digital services.

Coinbase introduced a new platform on Wednesday that connects artificial intelligence assistants to user accounts for automated crypto trading and payments.

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Senior executives from PayPal and Google Cloud said at the Consensus Miami conference that AI agents will drive the next wave of internet commerce on cryptocurrency rails. They cited technical barriers preventing agents from using traditional bank accounts. The discussion focused on new protocols and merchant preparations needed for this shift.

Peer-to-peer trading startup Variational has secured $50 million in a Series A funding round to expand its onchain derivatives platform focused on real-world assets.

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Digital asset company Bakkt has completed its equity-based acquisition of stablecoin infrastructure firm Distributed Technologies Research. The deal aims to create a 24/7 digital settlement layer by integrating DTR's technology. Bakkt issued more than 11.3 million shares as part of the transaction.

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