On Tuesday, the multinational tech company Google announced the release of a new payment protocol designed to streamline the process of sending and receiving money for artificial intelligence (AI) applications. This open-source initiative expands beyond traditional payment methods like credit and debit cards to include stablecoins.

Google’s New Payments Protocol

To facilitate the integration of stablecoins , Google collaborated with US-based cryptocurrency exchange Coinbase, which has already developed its own AI and crypto payment solutions through its x402 Bazaar program.

Google also engaged with over 60 organizations, including major players like Salesforce, American Express, and Etsy, to incorporate a wide range of perspectives and capabilities into the new protocol.

James Tr

See Full Page