CoinDesk

Payment Giants Unite: Visa, Mastercard, and Ripple Back Coinbase's x402 Protocol

July 15, 202603:05 AM
Payment Giants Unite: Visa, Mastercard, and Ripple Back Coinbase's x402 Protocol

The digital payment landscape is shifting as the x402 protocol gains massive institutional momentum. Originally built by Coinbase and released as an open-source standard, x402 has secured backing from industry titans including Visa, Mastercard, and Ripple, marking a new era for blockchain-based settlements.

Data reveals a staggering scale of operations, with the protocol settling roughly $24 million across 75 million payments last month. As agent payments average just 32 cents, the widespread adoption of x402 is set to redefine transaction efficiency and micro-payment infrastructure globally.

The x402 protocol, an open-source innovation developed by Coinbase, is rapidly becoming a cornerstone of the financial sector. Forty companies now govern the protocol, which has garnered significant backing from industry leaders such as Visa, Mastercard, and Ripple. In the past month alone, the network settled approximately $24 million across 75 million individual payments.

This surge in activity highlights the protocol's ability to handle high-frequency, low-value transactions, with agent payments averaging just 32 cents. The combination of Coinbase's architecture and the support of global payment giants positions x402 as a vital infrastructure for the future of decentralized finance.

This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.

Read Full Article at CoinDesk
QR Code Lightning

Support Jornal Bitcoin

Independent journalism, curated by AI, no clickbait. Keep the flame alive with any amount of BTC.

Wallet of Satoshi
jonata@walletofsatoshi.com

Daily Crypto Brief 📬

Subscribe to receive the curation of the most important Bitcoin and crypto news, summarized by AI. No spam.

Join more than 10,000 smart readers.

Related News

Semiconductor Giant: TSMC Boosts US Investment Plan to a Massive $265 Billion
Crypto Briefing★ Featured

Semiconductor Giant: TSMC Boosts US Investment Plan to a Massive $265 Billion

TSMC has significantly ramped up its US spending plan, adding a staggering $100 billion to its existing budget and bringing its total commitment in Arizona to $265 billion. This strategic move is designed to fortify the domestic semiconductor manufacturing landscape and secure a dominant position in the global tech race.

This massive investment could reshape global semiconductor supply chains, effectively reducing geopolitical risks that have long threatened the tech industry. As hardware demand surges, this expansion ensures a more resilient flow of critical components necessary for everything from AI to the high-performance computing required by the crypto ecosystem.
Polymarket Surge: Messi Odds Skyrocket to 41% for 2026 Ballon d’Or
Blockchain.news★ Featured

Polymarket Surge: Messi Odds Skyrocket to 41% for 2026 Ballon d’Or

Predictive market giant Polymarket is witnessing a massive surge as odds for Lionel Messi to win the 2026 Ballon d’Or have jumped to a staggering 41%. This sudden spike highlights the growing dominance of decentralized prediction markets in capturing real-world sentiment and high-stakes sports speculation.

The rapid climb in betting probability underscores the increasing liquidity and engagement within the crypto-prediction ecosystem. As users leverage blockchain technology to hedge or speculate on global events, platforms like Polymarket are becoming essential hubs for high-volatility sports markets and decentralized finance integration.
Polymarket Odds Explode: Messi Hits 90% Probability for 2026 World Cup Golden Ball
Blockchain.news★ Featured

Polymarket Odds Explode: Messi Hits 90% Probability for 2026 World Cup Golden Ball

Prediction market giant Polymarket is signaling a massive trend as Lionel Messi's odds to win the 2026 World Cup Golden Ball have surged to a staggering 90%. This surge highlights the growing dominance of decentralized prediction markets in forecasting high-stakes global sporting events, providing a high-signal environment for crypto-savvy bettors.

This bullish sentiment follows recent match analyses where Messi's tactical brilliance was on full display, specifically his ability to deliver game-changing assists under pressure. As the intersection of sports betting and blockchain technology deepens, the massive liquidity and engagement seen on platforms like Polymarket are setting new benchmarks for how the world anticipates major milestones.
Nvidia Strikes Strategic Deal with Japanese Robotics Firms to Supercharge AI
Crypto Briefing★ Featured

Nvidia Strikes Strategic Deal with Japanese Robotics Firms to Supercharge AI

Nvidia is aggressively expanding its footprint in the automation sector by partnering with leading Japanese robotics firms to advance AI development. This strategic move aims to embed Nvidia's high-performance computing capabilities directly into the next generation of robotic systems.

The implications of this partnership are vast, with the potential to revolutionize healthcare, manufacturing, and critical infrastructure. By merging Japanese engineering excellence with Nvidia's AI prowess, the industry is bracing for a massive leap in intelligent automation and global technological integration.
Saylor’s $55 Billion Bitcoin Bet Sinks $9.9 Billion Underwater: Why He Is Hoarding $3 Billion in Cash
Bitcoin.com★ Featured

Saylor’s $55 Billion Bitcoin Bet Sinks $9.9 Billion Underwater: Why He Is Hoarding $3 Billion in Cash

Michael Saylor is pivoting the MicroStrategy playbook. As the company's massive $55 billion Bitcoin position faces a $9.9 billion unrealized loss, the firm is implementing a 'barbell' structure by building a strategic $3 billion USD cash reserve.

This tactical shift is designed to provide a buffer against crypto market volatility. By pairing a massive BTC stockpile with significant liquidity, Saylor aims to navigate the bear market and strengthen the company's financial resilience amidst fluctuating digital asset prices.
Red Alert: CryptoQuant Warns of Massive Deleveraging Risk as Exchange Leverage Hits Extremes
Crypto Briefing★ Featured

Red Alert: CryptoQuant Warns of Massive Deleveraging Risk as Exchange Leverage Hits Extremes

The crypto market is entering a high-volatility zone as CryptoQuant issues a stark warning regarding imminent deleveraging risks. Exchange leverage has surged to historical extremes, signaling a buildup of systemic risk that could destabilize current price action.

This excessive leverage heightens the probability of rapid market downturns, potentially triggering a cascade of liquidations. For investors, this means that even a minor price correction could lead to significant losses as the market forcedly flushes out over-leveraged positions.
Jornal Bitcoin Logo