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Coinbase Launches x402 V2 to Bridge AI Payments Across Crypto and Fiat Rails

The upgrade follows early production use exceeding 100 million transactions with support from an industry foundation including Cloudflare, Google, Visa.

Overview

  • The open-source protocol extends single-call stablecoin payments into wallet-based sessions that grant returning users or agents access without repeat on-chain charges.
  • A standardized format aligned with CAIP lets one interface route payments across Base and Solana as well as ACH and card networks.
  • A modular, plug-in SDK separates clients, servers and facilitators so developers can add chains, assets or schemes without altering the core specification.
  • New Discovery features expose service metadata so facilitators can index offerings and AI agents can find pricing and initiate payments automatically.
  • Additional capabilities include dynamic recipients, lifecycle hooks and multi-facilitator support to enable automated, usage-based billing at internet scale.