Google is taking a step towards the fusion of artificial intelligence (AI) and digital money, implementing an open source protocol that allows the applications of sending and receiving payments, which includes support for stablcoins, digital tokens linked to Fiat coins such as the US dollar, according to a press release.
To incorporate Stablecoin Rails, Google partnered with Crypto Exchange Coinbase, based in the USA. UU., Which has been developing its own infrastructure of integrated payments of AI.
The company also worked with the Ethereum Foundation and coordinated with more than 60 organizations, including Salesforce, American Express and Etsy, to cover traditional cases of financial use.
The measure is based on Google’s previous work to establish a standard for “AI agents.” These digital agents can eventually handle complex tasks, such as negotiating mortgages or buying clothes, without direct human contributions.
In April, Google launched a protocol to standardize agent to agent. The last update extends this framework in financial transactions, with the aim of ensuring that payments are safe, interoperable and executed with the intention of the human user in mind.
The Google experiment demonstrates a growing activity trend throughout the Stablcoin market. The IPO of USDC-ISSUER Circle indicated the appetite of investors earlier this year, and some suggest that Stablecoins is a “monetary revolution in creation.”
Defillama data show that Stablecoins are in circulation worth $ 289 billion, a jump of $ 205 billion at the beginning of the year.
