Coinbase has launched a service for creating AI agents to manage crypto wallets, while Tether has introduced tools for building private applications with a focus on confidentiality.

Based Agent by Coinbase

Coinbase’s Based Agent enables users to set up an AI assistant in under three minutes. The agent can perform tasks such as cryptocurrency trading 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

Developer Lincoln Moore commented:

“Our goal is to make creating your own AI agent as simple as possible.”

The tool integrates with smart contracts and is built using an SDK developed by Coinbase in collaboration with OpenAI and Replit.

Local AI by Tether

Tether unveiled Local AI, a modular tool for developing AI applications on a P2P network with a focus on privacy.

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 code once and run it anywhere: from a $40 phone to a mainframe with multiple H100s,” said Tether CEO Paolo Ardoino.

He demonstrated a private text translation app that functions across various devices.

Context

In August, Coinbase facilitated its first cryptocurrency transaction between AI agents, marking a significant milestone in integrating AI with blockchain.