On November 2, Coinbase CEO Brian Armstrong revealed the x402 protocol, which facilitates stablecoin payments integrated with web requests, emphasizing its potential to shape future internet infrastructure.
The x402 protocol catalyzed a 34,300% increase in transaction volumes within a week, with over 932,000 transactions executed. The ecosystem’s market capitalization has exceeded 1.19 billion USD.
The integration of USDC into digital transactions is expected to revolutionize online payments, supported by Circle for regulatory compliance, highlighting the x402 protocol’s transformative potential.
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