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Posted: 2025-05-06 16:56:33 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-05-06 16:57:03 UTC
Verified By
Rollup News
Coinbase introduces x402, an open-source payments protocol built on HTTP rails, designed to fix the internet's first mistake by enabling easy and frictionless onchain payments for various use cases, including API providers, content creators, and more. It turns the HTTP 402 status code into a real payment layer, allowing servers to request payment and clients to respond with stablecoins like USDC, fostering agentic autonomy and pay-per-use API microtransactions.
Enables easy and frictionless onchain payments
Removes bottlenecks to agentic autonomy
Facilitates pay-per-use API microtransactions
Offers new onchain business model for content and cloud service providers
Provides easy integration, compliance, and security for service providers
High-friction process for agents to access external context and APIs
Manual configuration preventing autonomous access to external services
Outdated and cumbersome subscription models for API providers
Managing payments for each integration