Cryptocurrency exchange OKX has published a new cross-chain Agent Payments Protocol (APP) to enable autonomous financial interactions among AI agents. The framework supports agent-to-agent payments, escrow, and automated transactions in business settings. It builds on OKX's Agentic Wallet and Payment SDK with cross-chain capabilities.
OKX announced the launch of its Agent Payments Protocol (APP) on Wednesday, designed for AI agents to handle complex payments autonomously. The open-standard protocol allows agents to make agent-to-agent transfers, manage recurring payments, and negotiate terms, including escrowing funds released upon task verification. OKX positions APP as advancing AI from simple requests to full commercial activity, integrated with its self-custodial Agentic Wallet and Payment SDK on X Layer and other chains, where some stablecoin transfers avoid gas fees. (92 words so far. Continuing. Total will be counted precisely. Wait, no, this is draft. Actual count at end. But structure into paragraphs. Reformatting. Paragraph 1: Announcement. Paragraph 2: Features. Paragraph 3: Context and competition. Paragraph 4: Broader implications.)
