Coinbase and Tether Unveil AI Tools

Coinbase has launched a service for developing AI agents to manage cryptocurrency wallets, while Tether has introduced a tool for creating privacy-focused applications.

Based Agent from the crypto exchange allows users to set up an AI assistant in “less than three minutes.” It can perform various tasks such as exchanges and staking.

Introducing Based Agent: create AI agents with full onchain functionality on @base in less than 3 minutes.

The era of Autonomous Onchain Agents is here

Built with @CoinbaseDev SDK, @OpenAI , and @Replit

oh, and you can make it an @X bot too ? pic.twitter.com/RgbXp290bV

— lincoln.base.eth (@MurrLincoln) October 26, 2024

“Our goal is to simplify the creation of your own AI agent as much as possible,” noted developer Lincoln Murr.

Based Agent is a template for creating AI-based bots designed to perform specific tasks. Once configured, it can integrate with smart contracts. 

The tool is developed using the SDK from Coinbase, OpenAI, and the Replit platform. 

Tether’s P2P Bot

Tether has introduced its modular Local AI toolkit for creating privacy-focused AI applications based on P2P. 

Yesterday at @LuganoPlanB I presented a preview of Tether’s Local AI development kit, privacy focused, powered by peer-to-peer technology ??

Write the code once, and run everywhere, from a 40$ phone, to a flagship smartphone, from a laptop to a mainframe with many H100, from a… pic.twitter.com/L0Uz2P7BKg

— Paolo Ardoino ?? (@paoloardoino) October 27, 2024

“Write the code once and run it everywhere: from a $40 phone to a flagship smartphone, from a laptop to a mainframe with many H100, from a smart fridge to a car entertainment system,” wrote Tether CEO Paolo Ardoino. 

In the video, he demonstrated the operation of a “local and 100% private” text translation application that works “on any device.” 

In August, Coinbase facilitated the first cryptocurrency transaction between AI agents.

Earlier, Ardoino announced Tether’s ambition to invest in the AI sector while promoting decentralization and Bitcoin ethics.