Alchemy, a cryptocurrency infrastructure provider used by many blockchains and companies in the space, has released a new tool, AgentPay, that lets different AI payment systems, from companies like Coinbase, Stripe, Visa, Mastercard and Circle, work together.
The new tool solves the problem that agent payment systems currently coming online are not “interoperable”, or in other words, do not talk to each other, meaning that a merchant who wants AI agents as customers must build a separate integration for each protocol.
“It is not sustainable and will only become more fragmented as more systems are launched,” Alchemy CTO Guillaume Poncin said in an email. “AgentPay solves that. A merchant registers their existing API with us, we give them a new endpoint, and any agent on any supported protocol can pay them through it.”
Alkymi is widely seen as the “AWS of Web3” as it provides the infrastructure, developer tools and node services needed to build blockchain applications.
AgentPay promises one integration for each protocol, referring to e.g. x402, MPP, A2P, L402. “We sit in the middle as the translation layer, where AgentPay routes instructions and Alchemy never touches the funds,” Poncin said.
So-called agent financing, which is expected to become a major pillar of all payment activity on the Internet, may involve microtransactions or nanopayments, some of which take place between AI agents with humans somewhere in the background.
Alchemy has completed a private beta soft launch for now, and is aiming for a general release in the coming weeks.
