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Coinbase Base launches AI tool for ChatGPT to manage crypto wallets

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Coinbase's Ethereum Layer 2 network Base launched Base MCP, an AI tool that lets users manage crypto wallets and DeFi apps via plain-language prompts in ChatGPT and other AI clients.

Coinbase Base launches AI tool for ChatGPT to manage crypto wallets

Coinbase's Ethereum Layer 2 network Base has launched a new tool that lets artificial intelligence agents directly interact with users' crypto wallets and decentralized finance applications through plain-language prompts, marking a new step in the convergence of AI and crypto infrastructure.

The product, called Base MCP, connects a user's Base Account to AI clients such as ChatGPT, Claude and Cursor using the Model Context Protocol (MCP), an emerging standard that allows AI systems to securely interface with external tools and applications. With the integration, users can ask AI agents to send funds, swap tokens, check balances, review transaction history and interact with DeFi applications. This simplifies the user experience by removing the need to manually navigate blockchain interfaces or write complex smart contract calls.

For cryptocurrency and digital asset traders, this development signals a growing trend of AI integration into blockchain infrastructure, potentially lowering barriers to entry for non-technical users and increasing on-chain activity. As AI agents become capable of executing transactions and managing portfolios, demand for user-friendly crypto tools may rise, benefiting networks like Base that prioritize scalability and low fees. Traders can monitor real-time crypto quotes on NowPrice to gauge market reactions to such innovations.

Looking ahead, the success of Base MCP will depend on adoption by both AI developers and crypto users. If widely integrated, it could pave the way for more sophisticated AI-driven DeFi strategies, such as automated yield farming or portfolio rebalancing. The broader crypto market will watch for similar integrations from other Layer 2 networks and wallet providers, as the intersection of AI and crypto continues to evolve.

Read the original article on CoinDesk
Editorial summary by NowPrice. Read the original article at the source for full reporting.