Alchemy, a cryptocurrency infrastructure provider used by many blockchains and companies in the space, has launched 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 addresses the problem that agent payment systems that are currently online are not “interoperable,” or in other words, they do not communicate with each other, meaning that a merchant who wants AI agents as clients has to create a separate integration for each protocol.
“That is not sustainable and will only become more fragmented as more systems are released,” Alchemy CTO Guillaume Poncin said in an email. “AgentPay solves that. A merchant registers their existing API with us, we give it a new endpoint and any agent on any supported protocol can pay them through it.”
Alchemy is widely viewed as the “AWS of Web3,” providing the infrastructure, development tools, and node services needed to build blockchain applications.
AgentPay promises an integration for each protocol, citing models such as 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 agent finance, which is expected to become a major pillar of all payments activities on the Internet, may involve microtransactions or nanopayments, some of which take place between AI agents and humans somewhere in the background.
Alchemy has held a private beta soft launch for now and is aiming for a general release in the coming weeks.
