Coinbase builds a Slack bot that lets AI agents pay for services instantly
Via nbclosangeles.com
The tool uses the x402 protocol and USDC to let autonomous agents browse and buy from a marketplace of over 10,000 services without human approval
Coinbase Global, Inc. (COIN) price
Full chart and statsLoading chart…
- Last close
- $161
- Close-to-close change
- +0.9%
- Market cap
- $42.5B (shares as of 2026-06-30)
- P/E (trailing)
- Not meaningful: trailing loss. Diluted EPS −3.79 for 2025-07-01 to 2026-06-30, rolled from reported annual and year-to-date EPS (approximate) SEC filing
- Annual revenue
- $7.2B USD (FY ended 2025-12-31) 10-K
- Annual revenue growth
- +9.4% (FY ended 2025-12-31 vs FY ended 2024-12-31) 10-K
- Annual net income
- 1,260,327,000 USD (FY ended 2025-12-31, attributable to the company) 10-K
- Annual operating margin
- 20.0% (FY ended 2025-12-31)
- Forward P/E
- Unavailable: no dated forecast source
Gloria daily close for session Oct 27, 2026. Market cap and trailing P/E use this close with the SEC share total and trailing diluted earnings, each dated next to its figure. Annual revenue, revenue growth, net income and margin show their own fiscal period and link the 10-K. Current context may postdate this article.
Coinbase Global, Inc. and its peers
| Company | Price | Market cap | P/E (trailing) | Forward P/E | Annual revenue (USD) | Annual revenue growth | Annual net income (USD) | Operating margin |
|---|---|---|---|---|---|---|---|---|
|
|
$161 | $42.5B | Not meaningfulLoss, diluted EPS −3.79 to 2026-06-30 · SEC filing | Unavailable | $7.2BFY ended 2025-12-31 · 10-K | +9.4%FY ended 2025-12-31 vs 2024-12-31 · 10-K | 1,260,327,000FY ended 2025-12-31, attributable to the company · 10-K | 20.0%FY ended 2025-12-31 |
|
|
$141 | Unavailable | Not meaningfulLoss, diluted EPS −96.98 to 2026-06-30 · SEC filing | Unavailable | $477.2MFY ended 2025-12-31 · 10-K | +3.0%FY ended 2025-12-31 vs 2024-12-31 · 10-K | −3,848,152,000FY ended 2025-12-31, attributable to the company · 10-K | −1,140.8%FY ended 2025-12-31 |
|
|
$82 | Unavailable | 16.3 | Unavailable | $2.7BFY ended 2025-12-31 · 10-K | +63.9%FY ended 2025-12-31 vs 2024-12-31 · 10-K | −69,508,000FY ended 2025-12-31, attributable to the company · 10-K | −3.5%FY ended 2025-12-31 |
|
|
$22 | $13.0B | Not meaningfulLoss, diluted EPS −4.50 to 2026-05-31 · SEC filing | Unavailable | $6.1MFY ended 2025-08-31 · 10-K | +84.1%FY ended 2025-08-31 vs 2024-08-31 · 10-K | 348,577,000FY ended 2025-08-31, attributable to the company · 10-K | 7,288.1%FY ended 2025-08-31 |
Missing figures stay unavailable. Forward P/E requires a dated source. Annual revenue, revenue growth, net income and margin come from each company's own 10-K, in US dollars, and each row shows that fiscal year. Revenue growth compares the fiscal year with the prior year stated in the same 10-K. Net income is the full year amount attributable to the company, or available to common stockholders where the filing states only that, or consolidated net income. Each row names its basis. Trailing P/E reads "Not meaningful" when the dated trailing diluted EPS is a loss or zero. An operating margin appears only when the filing states both the operating income and the revenue for the same year.
Sources: SEC filings, Gloria daily closes and CoinGecko. Oldest record refresh: Oct 27, 2026, 8:36 PM EDT. Refresh is not a price or filing date. Each row shows its price date and its annual fiscal period. Peers use industry code and company size, or editorial selection. Market cap multiplies that row price by the company share total the latest SEC filing states for every share class together. Trailing P/E divides it by trailing diluted earnings from SEC filings. Rolled earnings per share are approximate because share counts can change between periods. Both appear only when the SEC data carries its date, so they are estimates at one price date, not synchronized filing valuations. Not investment advice.
Most internal Slack bots do one thing well: answer questions, then disappear into the channel history. Coinbase’s new one goes a step further and actually pays for the answers.
The company demonstrated an internal Slack bot on August 18, 2026, built on its Developer Platform, that allows AI agents to autonomously purchase services on demand using USDC micropayments. The bot plugs into AWS’s Amazon Bedrock AgentCore Payments, searches a marketplace called the x402 Bazaar, finds a relevant service, and settles the transaction before most people finish reading the Slack notification.
How the bot actually works
An employee @mentions the bot in Slack with a question. The agent searches the x402 Bazaar, which currently lists over 10,000 payable services, selects the appropriate one, and completes a USDC payment autonomously. The whole cycle, from query to settled transaction, takes roughly 200 milliseconds on Base.
Transaction costs run at fractions of a cent. No subscriptions. No manual approvals. No invoice sitting in accounts payable for 30 days. The bot operates within predefined spend limits, and within those limits, it acts immediately.
The underlying standard making this possible is x402, an open HTTP-native protocol that Coinbase introduced on May 6, 2025. The name comes from HTTP status code 402, the original “Payment Required” error that has existed in web specifications since the early 1990s but was never implemented at scale. Coinbase’s protocol finally gives that code a practical use: a machine requests a service, the server responds with a 402 and payment instructions, and the machine pays and retries, all without human involvement.
The news moving money, markets, and the world—before your day starts.
Daily. Free. Join 34,000+ readers across crypto, finance, and policy.
AWS’s AgentCore Payments reached general availability in August 2026 after an initial preview in May 2026. Coinbase and Stripe were among the early partners in that preview period.
Why this matters beyond the Slack channel
The broader concept Coinbase is advancing is what it calls Agentic Payments, the idea that AI agents should be able to transact economically, not just converse. A customer support agent that can pay a logistics API 10 cents to retrieve real-time tracking data, without anyone setting up a billing relationship in advance, closes the gap between what an agent can do and what it can access.
USDC is the settlement asset throughout. Every x402 transaction is a USDC transaction, and Base is the network where the economics work at this fee level. Coinbase issues USDC through Circle, operates Base, and built x402.
Businesses that want to accept payments through x402 can reportedly do so with minimal configuration, which lowers the barrier compared to traditional payment processor integrations that can take weeks and require compliance reviews.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

