🚀 Payments and x402 kept shipping this week! Here's the latest:
Updates:
→ Our new developer portal is live. Wallets, payment APIs, x402, and custom stablecoins backed by USDC, all in one place.
Payments:
→ Stablecoin acceptance is live for eligible merchants on @Checkout, powered by Coinbase. Consumers pay in USDC or USDT, merchants settle in USD.
x402:
→ @OnchainLu's agent used x402 to book a bar reservation for a Knicks game. Agentic commerce, in the wild.
→ @kleffew94 led an x402 intern eval buildathon with @coinbase, @vercel, and @arizeai, focused on economic reasoning in agents.
→ x402 was all over the @AgenticSummit: @kleffew94 on building the agent payments stack, @awscloud on x402 in production with AgentCore Payments, and Microsoft's @yorkerhodes on closing a three-decade gap in the web stack.
Coming up:
→ At @ethconf in NYC, June 8-10: @GainsleyJustin on stablecoin payments, @yugacohler and @programmer on agentic payments.
→ x402 demo with @SolanaFndn and @kleffew94 on June 9: how AI agents pay at machine speed on Solana.
→ System Update on June 16. The future of payments is built on Coinbase. More to come, keep an eye out.
Our new @CoinbaseDev portal is looking awesome! It's the best place to build in crypto.
It gives access to all our powerful developer tools (wallets, payment APIs, x402, etc) in one dashboard. You can even launch a branded stablecoin, backed 100% by USDC.
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Mastercard is going onchain with Base
With their expanded settlement capabilities now including stablecoins at a global scale
The future of payments is onchain
Paying with stablecoins is now as easy as fiat. 🚀
Now it’s more rewarding too.
Live at @Shopify checkout across 460+ wallets on Ethereum, Base, and EVM chains.
AI agents can already write code, plan, and research.
The x402 standard gives them the power to pay.
New demo: @_rishinsharma from @solanafndn and @kleffew94 from @CoinbaseDev walk through how agents pay at machine speed on Solana
Register below👇
Visa data puts stablecoin transaction volume at $10.2T over the last 12 months, up 63% YoY meaning stablecoins are becoming a part of everyday commerce for consumers.
Read more about how @Checkout is putting Coinbase Payments to work: https://t.co/1mdJ5a13ch
Stablecoin acceptance is now available for eligible merchants who partner with @Checkout, powered by Coinbase Payments. 🚀
Consumers pay in USDC or USDT. Merchants settle in USD via Checkout․com’s existing rails. ↓
Coinbase provides the full stack:
→ Regulated infrastructure across nearly 50 countries
→ Custody safeguarding assets for 14+ years
→ Powerful acceptance APIs operating the buyer and merchant experience
It's been another BIG week for x402 and payments:
x402:
→ Batch settlement is now generally available on the Coinbase x402 Facilitator.
→ @base MCP's launch presented a new way to access x402 plus ecosystem projects.
→ @Visa onboarded x402 endpoints into the Visa CLI.
→ @tavilyai integrated x402. Real-time web search, agent-payable in USDC on @base, no API key or account needed.
→ Claude agent built by @Must_be_Ash reads the day's news for $0.10, built with x402 and @tavilyai.
Partnerships:
→ @PPRO_Payments integrates Coinbase Payments, bringing stablecoin acceptance to enterprise merchants.
Events:
→ Join us at @money2020 in Amsterdam next week:
Panel 1 with Alaina Revoir: "Unlocking Value: Digital Assets in Institutional Payments," Tuesday June 2, 11:10, Intersection Stage.
Panel 2 with @0xceaneCodjia: "The Big Debate: AI Agents, Consent, and Innovation in Payments," Wednesday June 3, 17:25, Intersection Stage.
→ At @ethconf in NYC June 8-10, catch:
@GainsleyJustin speaking on stablecoin payments.
@yugacohler & @programmer speaking on agentic payments.
The biggest shift in payments right now is AI agents moving from an “interesting use case” to potential primary drivers of global stablecoin volume. 🚀
Thanks to x402, non-custodial wallets, and Coinbase’s Facilitator infrastructure, developers can now build payment flows for humans and agents alike. ↓
AI Agents may become the largest drivers of global stablecoin payments.
Our Global Head of Institutional Sales, Lauren Abendschein shares how Coinbase is helping power the next generation of payments and agentic commerce as clients move from exploration to deployment.
Batch settlement is built for the high-frequency agent workloads that need to settle hundreds of API calls at once.
Generally available today on the Coinbase x402 Facilitator. 🚀
Two weeks ago, we launched batch settlement in x402. Today, it’s live for every seller using the @coinbase Facilitator 🚀
Agents pay once into escrow, and sellers can settle hundreds of API calls in a single onchain transaction ↓