Decoding x402: How Programmatic Payments Revolutionize Digital Commerce

In the ever-evolving landscape of digital transactions, protocols like x402 are emerging to address the unique needs of online commerce. Developed by Coinbase in May, x402 utilizes the familiar HTTP protocol to facilitate instant, automated payments for a more seamless user experience. The protocol’s success is evident in its soaring growth: transaction activity has increased over 10,000% within a month according to Dune Analytics. This article delves into the fundamentals of x402, exploring how it functions and what makes it so impactful.