The future of AI needs a new internet. Coinbase is laying the foundation.
In this episode of The Index, host Alex Kehaya talks with Nemil Dalal, Head of Coinbase’s Developer Platform, about how Coinbase is building crypto-native infrastructure to power the next generation of applications, starting with autonomous AI agents.
Nemil shares his background in crypto, from meeting Brian Armstrong at Y Combinator to helping scale USDC from $10 million to $1 billion in market cap. Today, he's focused on making blockchain development more accessible by reducing friction around payments, APIs, and onboarding.
A key part of that effort is X402—Coinbase’s implementation of the long-dormant HTTP 402 "Payment Required" status code. X402 allows AI agents and applications to autonomously pay for API access using cryptocurrency, without the need for API keys, credit cards, or manual account setup.
We break down how X402 works under the hood:
This simple standard opens the door to a wide range of use cases—from AI agents accessing paid services to developers integrating crypto-powered paywalls with minimal overhead.
If you're building in Web3, working with AI, or developing APIs, this episode offers a practical look at how Coinbase is creating tools that make decentralized development more seamless and scalable.
🔗 Learn more about Coinbase: https://www.coinbase.com
🐦 Follow Coinbase Dev on X: https://x.com/coinbaseDev
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
The Breakfast Club
The World's Most Dangerous Morning Show, The Breakfast Club, With DJ Envy, Jess Hilarious, And Charlamagne Tha God!