Coinbase x402 Protocol Logs 10,780% Transaction Surge in October
Coinbase's x402 protocol recorded nearly 500,000 transactions between October 14 and October 20, a 10,780% increase from the prior four weeks, data show. The open-source system enables AI agents and users to execute stablecoin payments without credit cards. On October 18, the protocol set a single-day record of 239,505 transactions.

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