Coinbase Unveils AI Agents That Can Manage DeFi Wallets and Connect to X (Formerly Twitter)

Coinbase announced a new set of fully on-chain AI agents users can create in under three minutes on its Ethereum L2 network Base.

Coinbase has announced a new set of fully on-chain AI agents that users can create in under three minutes on its Ethereum L2 network Base.

Built with tools from Coinbase, OpenAI, and Replit, these agents can manage crypto wallets, connect with X (formerly Twitter), and perform other tasks.

This marks a significant step toward the convergence of AI and blockchain technology.

Coinbase's vision is for a future where AI agents drive DeFi. The company's CEO, Brian Armstrong, recently outlined a grand vision for the new era of AI and blockchain integration. In this world, AI agents will have the financial independence to spend and transact through cryptocurrency wallets.

For Armstrong, this is how DeFi becomes a game-changing place. Digital economies will be reshaped through AI-driven systems autonomously without human interference.

"Create an AI agent with a crypto wallet (and optional X account) in less than 3 minutes ?

Based Agent! → https://t.co/QznYkoZTC0" - Brian Armstrong (@brian_armstrong) October 26, 2024

One major limitation that really holds back AI systems from widely usage today, is financial autonomy. Opening bank accounts or keeping credit cards for AI agents is not possible. They are not able to handle resources or purchase things on their own.

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