AgentFi.News desk briefing of reporting by CoinDesk.
Visa, Mastercard and Ripple back x402 as agent payments average 32 cents
Forty companies now govern x402, a protocol built by Coinbase. The protocol settled about $24 million last month across 75 million payments, indicating a significant growth in agent payments. This development highlights the increasing adoption of AgentFi technologies, with major players like Visa, Mastercard, and Ripple backing the x402 protocol.
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