Google takes a step towards the merger of artificial intelligence (AI) and digital money, deploying a new open source protocol which allows AI applications to send and receive payments, which includes stablecoin care, digital tokens fixed to fiduciary currencies such as the US dollar, according to a press release.
To integrate Stablecoin Rails, Google has teamed up with Crypto Exchange Coinbase based in the United States, which has developed its own payment infrastructure integrated into AI intelligence.
The company also worked with the Ethereum Foundation and coordinated with more than 60 other organizations, including Salesforce, American Express and Etsy, to cover the use of traditional finances.
This decision is based on Google’s previous work to establish a standard for “AI agents”. These digital agents can possibly manage complex tasks, such as the negotiation of mortgages or purchases of clothing, without direct human contribution.
In April, Google deployed a protocol to standardize agent-agent communication. The last update extends this framework in financial transactions, aimed at ensuring that payments are secure, interoperable and executed by thinking of the human user.
Google’s experience demonstrates a growing activity in the Stablescoin market. The USDC-Issuer Circle USDC-Introduction Introduction said that investors appetite earlier this year, some suggest that stablecoins are a “monetary revolution in manufacturing”.
Defillama’s data show that $ 289 billion in stablescoins are in circulation, a jump of $ 205 billion at the turn of the year.
