OKX rolls out Agent Payments Protocol designed to support AI business cycles
Summary
Crypto exchange OKX has introduced its Agent Payments Protocol (APP), an open standard designed to enable AI agents to manage complete business cycles. Unlike existing solutions that only handle simple transactions, APP aims to support complex processes including quoting, negotiating, escrowing funds, metering usage, and dispute resolution.
The protocol is designed to be cross-chain, specifically mentioning support for Solana and Ethereum. It includes a Payment SDK for one-time, batch, and pay-as-you-go payments via OKX’s X Layer blockchain, and integrates the self-custodial OKX Agentic Wallet. To facilitate communication, APP connects agents via HTTP, XMTP, and platforms like Telegram.
Supported by a wide range of partners including AWS, Alibaba Cloud, and various blockchain ecosystems like Base and Solana, OKX CEO Star Xu stated that this protocol is a critical step toward the real-world implementation of the Agent economy.
(Source:The Block)