Even Cloudflare Is Now Issuing Wallets to AI - The 'Spending Cap' Everyone's Racing to Build Is What Actually Makes AI Safe to Spend Money
Cloudflare launched Cloudflare Wallets, giving AI agents an identity, a stablecoin wallet, and an enforced spending cap using the x402 payment protocol - though it’s not fully live yet. This isn’t one company’s new product, it’s another piece of an industry-wide race to build the ‘AI wallet layer,’ following Coinbase’s x402, Google’s AP2, Mastercard’s Agent Pay, and Circle’s Steve. The shared conviction: spending limits belong in the infrastructure, not in AI self-restraint.