More than 40% of Coinbase's source code is now written using artificial intelligence (AI), according to CEO Brian Armstrong, and he expects that number to increase to 50% within the next month.
“Obviously code needs to be XEM and understood, and not every field can use AI-generated code. But we should use AI responsibly to the fullest extent,” Armstrong Chia on X on Wednesday.
The proportion of lines of code created by AI at Coinbase has more than doubled since April, according to a chart Armstrong posted. The comments come after Coinbase announced its intention to make its workforce “AI-Native,” meaning the company has no plans to significantly replace its 4,200 employees with AI in the near future.
Coinbase now uses tools like Copilot, Claude Code, and Cursor to speed up development. Armstrong said AI has helped engineers complete tasks that used to take months in just days. Coinbase is still hiring more than 150 engineers and developers, with nearly 100 positions related to backend and AI.
While large-scale layoffs have eased, hiring in the crypto industry remains tight as more talent and Capital are pouring into AI.
