Coinbase’s Everything Exchange: Agentic Finance, Stablecoins, and Tokenization with CEO Brian Armstrong

The minimum fee typically on a debit or credit card transaction is about 30¢ fee flat plus the additional percentage. Arguably, it doesn't really work well for anything under a dollar. Certainly, it doesn't make sense to pay 30¢ to send a 1¢ payment. And I believe the stats we last saw on this are that about, like, 76% of the agent ecommerce transactions we're seeing are under 30¢. We don't want the AIs to be unbanked. You know, if we wanna bank the AIs, they deserve financial services as well. The AI agents themselves are gonna have to have their own accounts. And so we've made some simple tools where with a single command, just prompt, you paste it into your AI agent, it can now have its own financial account. So it'll be interesting to see how the agentic economy evolves. There'll be more agents than humans in the not too distant future. It kind of stands to reason that the agentic economy will be bigger than the human economy at some point in the not too distant future as well. Today, know Priors. We are joined by Brian Armstrong, the cofounder and CEO of Coinbase, one of the world's most important and earliest crypto companies that has also been quite aggressive at adopting AI. Brian is also the cofounder of New Limit, which is a antiaging and longevity company doing really interesting things in biology, including certain types of high throughput screening to understand, aging, different uses of AI, etcetera. Brian is one of the most forward thinking people I know on different aspects of science, technology, art, the world, etcetera. So I was very excited to have this conversation with him, and we'll be talking about everything from what's happening in the crypto world to what's happening in AI to what's happening in biology to how different individuals can have an impact over time. So it's a very fun conversation. Brian, thank you so much for joining us at Antenna Priors. It's a pleasure to see you. Yeah. Good to see you a lot. So I was hoping we could talk about a few different topics. I think there's a bunch of stuff relevant to Coinbase and crypto and, you know, agentic finance and things like that. But also, you started a company called New Limit, is focused on longevity and aging and biotechnology. So I think it'd be great to sort of cover both as part of this conversation. Yeah. And may we start with Coinbase? So Coinbase has been making some really big moves. You've been floating this concept of the everything exchange as you've been building out what I think is a new global payments layer. Can you tell us, you know, at a high level, what are some of the directions of the company and some of the areas you're most excited about right now? Yeah. So, we're at a really exciting time in Coinbase's history because on the one hand, every …