Base enables 50M transactions in 30 days with AI payments

South Korean Lawmakers Slam Regulators Over Bithumb’s $43 Billion Bitcoin Blunder

The x402 protocol has revived the HTTP 402 ‘Payment Required’ status code after 27 years to facilitate seamless web micropayments, achieving 50 million transactions within just 30 days. This innovative system allows AI agents to autonomously pay $0.001 per CoinGecko API call using USDC micropayments, settling on the Base network in 800 milliseconds. Notably, 80% of the transaction volume originates from Base, indicating that Coinbase serves as an indirect player in this new crypto demand engine, where users remain unaware that they are utilizing cryptocurrency for payments.

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