U.S.-based payments giant Stripe, on Wednesday, announced the launch of Machine Payments Protocol (MPP) to let AI agents process microtransactions, recurring payments, and coordinate programmable transactions. Stripe has launched this open source protocol on Tempo, the Paradigm-backed blockchain developed by Stripe itself.
Through the MMP, Stripe said, its business clients will be able to integrate agentic AI tackling of their dashboards, taxation, and fraud protection facilities on existing Stripe accounts.
“Stripe users can accept payments over MPP in a few lines of code using our PaymentIntents API. Businesses can then accept payments directly from agents, in stablecoins as well as fiat with cards and buy now, pay later payment methods via Shared Payment Tokens (SPTs),” the platform said in its announcement post on X.
Understanding MPP’s working
The MPP will essentially allow an AI agent to request a resource from an endpoint, letting the service send back a payment request. In the next step, the AI agent will authorize the transaction to receive the resource.
For businesses, these payments will appear in their Stripe dashboards, settling in the local fiat currency. Stripe will be able to process the tax calculations and fraud prevention exactly how it does for human-to-human transactions.
Source: Stripe
“Agents represent an entirely new category of users to build for—and increasingly, sell to. Stripe is building a broad set of agentic financial infrastructure to enable these important new patterns,” the platform noted.
The rise of agentic AI in crypto
The protocol had been in testing with select clients for a while. BrowserBase, for instance, is using the MPP to let AI agents pay per session for headless browser usage. Similarly, Stripe said, PostalForm is letting agents pay using the MPP to send physical mails.
The waitlist to signup for early access to the MPP has been made live by Stripe.
In the last few months, AI agents have seen a footprint expansion in the crypto sector. Bitget rolled out an AI trading assistant called GetAgent to let users trade using AI for trade tasks. Crypto.com has also enabled OpenClaw integration to facilitate agentic AI transactions. This week itself, ByBit rolled out the capability of AI trading on its exchange.
Stripe itself joined forces with Base this month to enable USDC settlements for AI agents via Coinbase’s agentic AI payment protocol, x402.