Coinbase has launched batch settlement for the x402 payment protocol. The feature aims to build a scalable foundation for autonomous AI agents to handle blockchain transactions.
The company introduced the update to improve efficiency in AI-driven payments. It focuses on enabling independent agents to process multiple transactions at once on the blockchain.
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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.
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.
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Coinbase announced a restructuring plan on May 5, 2026, cutting about 700 employees, or 14% of its workforce. CEO Brian Armstrong attributed the move to cryptocurrency market volatility and artificial intelligence-driven productivity gains. The changes aim to create a leaner, AI-native organization ahead of Q1 earnings on May 7.
Crypto payments firm Ripple has announced plans to make funding for XRP Ledger development more decentralized. The company introduced a new FinTech Builder Programme to support startups and expand funding channels beyond its own initiatives. This move aims to foster a healthier ecosystem amid efforts to reduce perceptions of centralized control.
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Ripple has emphasized that institutions need infrastructure supporting multiple stablecoins for cross-border payments as volumes surge. Global stablecoin transactions reached $33 trillion in 2025, surpassing credit card volumes, according to the company. Early adopters of flexible platforms are positioned ahead amid regulatory shifts.
Exodus Movement sold more than 1,000 bitcoin in the first quarter to raise cash for its payments acquisitions. The company reported a wider net loss as revenue declined sharply.
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Coinbase has announced the launch of its 'Coinbase Stablecoin Credit Strategy' (CUSHY), a new fund targeting qualified investors with exposure to tokenized institutional credit. The strategy leverages stablecoins for public, private, and opportunistic credit opportunities. It aims to capitalize on tokenization benefits amid ongoing debates over stablecoin regulation.