Blockchain development company Alchemy unveils interoperable layer for AI payments

Alchemy, a cryptocurrency infrastructure provider used by many blockchain and industry companies, has released a new tool, AgentPay, that allows different AI payment systems, from companies like Coinbase, Stripe, Visa, Mastercard and Circle, to work together.

The new tool solves the problem that agent payment systems currently coming online are not “interoperable”, or in other words, do not talk to each other, meaning that a merchant who wants AI agents as clients must build a separate integration for each protocol.

“This is not sustainable, and it will only become more fragmented as new systems are released,” Guillaume Poncin, CTO of Alchemy, said in an email. “AgentPay fixes this problem. A merchant registers their existing API with us, we give them a new endpoint, and any agent on any supported protocol can pay them through that.”

Alchemy is widely considered the “AWS of Web3,” as it provides the infrastructure, development tools, and node services needed to build blockchain applications.

AgentPay promises integration for each protocol, citing x402, MPP, A2P, L402. “We sit in the middle as the translation layer, where AgentPay routes the instructions, and Alchemy never touches the funds,” Poncin said.

So-called agentic finance, which is expected to become a major pillar of all payment activities on the Internet, can involve micro-transactions, or nano-payments, some of which take place between AI agents and humans somewhere in the background.

Alchemy has currently launched in private beta and is aiming for a general release in the coming weeks.

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