An online payments protocol introduced by Coinbase in May that enables AI agents to transact in stablecoins over the internet has seen more than a 10,000% increase in transaction activity over a last month.
At the time, Coinbase said x402 fixes “the internet’s first mistake” by resurrecting the Internet Communication Protocol’s Hypertext Transfer Protocol 402 — or HTTP 402 — to create a seamless payment system native to the internet.
It lets AI — and humans — pay directly while…
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