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Millions of x402 payments mask a much smaller AI agent economy
Published Source: CryptoPolitanRead original
Crypto Insight Summary: Chainalysis revealed on October 14 that Coinbase’s Base network had handled over 138 million x402 transactions. The achievement indicates more usage of the HTTP 402 payment network, but it does not provide much information about the number of autonomous AI agents involved in these transactions or if the sellers received sustainable income. What the 138... Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: High transaction volume but unclear AI economy impact.