Erik Reppel

Coinbase is well-positioned to benefit from the rise of agentic commerce and internet-native payments because it has a comprehensive stack including USDC, Base network, CDP agentic wallets, Coinbase for business, on-ramps, and the x402 protocol. The ad-funded model breaks for AI agents, and x402 enables micropayments, creating a new revenue stream. Coinbase is analogous to Google which became a trillion-dollar company by embracing open web standards.