Coinbase’s stablecoin payment protocol x402 more than doubled its active user base in one month, going from 17,119 to 43,100 monthly active senders, a 152 percent jump. Base, Coinbase’s layer-2 network, leads with approximately 32,000 active senders, followed by Algorand with 9,100 and Solana with 1,600. The protocol processed 75.41 million transactions for 24.24 million dollars in settled volume over 30 days, mostly in small USDC micropayments. Companies including Visa, Mastercard, Stripe, Google, and AWS back this infrastructure designed to let AI agents pay for services autonomously.
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