Coinbase Launches x402 Protocol to Power Autonomous AI Transactions

Coinbase has introduced x402, a new payment protocol that enables instant stablecoin transfers and empowers AI agents to transact autonomously. This innovative solution utilizes the HTTP protocol for seamless online interactions, eliminating the need for traditional intermediaries and fostering a faster, automated internet economy. The company launched x402 on May 6th, marking a significant step towards a decentralized financial future where AI can seamlessly manage their own finances.