Coinbase has introduced the x402 payment protocol, a blockchain-based API standard utilizing the HTTP 402 status code. This protocol aims to streamline on-chain payments by incorporating a Facilitator for payment verification. Additionally, it integrates ERC-3009 for gas-free USDC transfers and ERC-8004 to establish a reputation market, creating a comprehensive payment system.
Coinbase Unveils x402 Payment Protocol Leveraging HTTP 402
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