Fireblocks launches Agentic Payments Suite, joins x402 Foundation

Fireblocks on Wednesday launched Agentic Payments Suite, a full-stack framework built for Coinbase’s x402 protocol, and joined the x402 Foundation.

The suite provides wallet infrastructure for AI agents to hold and send funds, a merchant acceptance layer for receiving payments, and settlement and compliance tools aimed at regulated financial firms. Fireblocks described the package as covering the lifecycle of agent payments and purpose-built for x402, a protocol intended to serve as a payment rail for AI agents.

Idan Ofrat, Fireblocks co-founder and chief product officer, noted that more than a billion people use AI assistants daily and said that if a fraction of users delegate spending authority to agents, stablecoin transaction volume could rise substantially. He added that adoption is still early and compared the current phase to infrastructure building, saying card networks and bank transfers cannot match instant, programmable machine-to-machine transfers while stablecoins on blockchain can handle them.

In early May, Amazon Web Services integrated the x402 protocol into Amazon Bedrock AgentCore, allowing agents on AWS to transact in USDC and use AWS-managed payment controls. A week earlier, the crypto wallet startup Oobit launched a Visa-backed virtual card enabling AI agents to make online purchases in USDT on behalf of businesses.

Activity routed through x402 remains limited. Data from x402.org show about $24.2 million in trading volume through the protocol over the past 30 days.

Joining the x402 Foundation places Fireblocks alongside companies that support the protocol. Foundation members include Google, Microsoft, Amazon Web Services, Mastercard, Visa, Circle, Polygon Labs and the Solana Foundation. The foundation aims to create interoperable rails so AI agents can initiate and accept payments across platforms.

Fireblocks stated the suite’s settlement and compliance features were designed to meet operational and regulatory needs for institutions as AI agents begin handling financial tasks for users and businesses. The company noted wallet controls, merchant acceptance tooling and settlement processes as components intended to support growth if AI assistants gain delegated spending authority.

Developers and payments providers have started building around the x402 model. Fireblocks’ entry adds a custody and infrastructure provider to the list of firms aligning with the protocol.