AI agents initiate 14M transfers through x402 protocol, led by Base

The x402 protocol, based on the dormant HTTP 402 status code, has enabled AI agents to initiate 14 million transfers on Coinbase's Base Layer-2 chain within 30 days, processing approximately 75 million transactions and $24 million in volume across the ecosystem. This development marks a significant shift as machine-to-machine payments mature into functional, automated infrastructure for AI-driven transactions.

This Wire brief sits within Fusion42's coverage of AI Agents and Crypto & Web3.