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Google Updates AI Protocol for Stablecoin Payments with Coinbase
- Google updated its open-source AI protocol to enable applications to send and receive payments, including stablecoins pegged to fiat currencies.
- The update was developed in collaboration with Coinbase, the Ethereum Foundation, Salesforce, American Express, Etsy, and over 60 other organizations.
- This initiative aims to integrate crypto and traditional financial systems into a unified framework.
- Earlier, Google set standards for AI agents to enable digital assistants to communicate. The new update extends these capabilities to secure and interoperable financial transactions.
- The stablecoin market is rapidly growing, with circulation value reaching $289 billion in 2025, up from $205 billion earlier this year, according to DefiLlama.
- Circle's oversubscribed IPO reflects increasing investor confidence in stablecoins as part of a broader monetary transformation.
- Google's partnership with Coinbase illustrates the convergence of big tech and crypto to make AI-driven digital payments mainstream.