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Google launches AI payment protocols that support stablecoins, working with Coinbase and Salesforce
According to Foresight News, Google has released a new payment solution designed to make it easier for different AI applications to send and receive funds. The open source protocol not only supports more traditional payment methods such as credit and debit cards, but also supports stablecoins (i.e. cryptocurrencies pegged to underlying assets such as the US dollar). To enhance compatibility with stablecoins, Google has partnered with cryptocurrency exchange Coinbase, which has built its own AI and cryptocurrency payment solutions. In addition, Google is working with other cryptocurrency companies including the Ethereum Foundation. To refine other elements of the new payment agreement, Google has also consulted with more than 60 organizations including Salesforce, American Express and Etsy.
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