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Liam Zhang

Coinbase Launches x402 Protocol for Stablecoin-Based Web Payments

Coinbase CEO Brian Armstrong announced the x402 protocol on November 2, enabling stablecoin payments to integrate directly with web requests. The protocol's ecosystem has surpassed $1.19 billion in market cap, with transaction volume exceeding 932,000 within one week of launch. Armstrong described the growth trajectory as "crazy," reflecting strong early engagement.