X @s4mmy

X402 Protocol Overview - X402 protocol enables agents to make payments onchain, anticipated to hit $30 trillion in autonomous transactions value by 2030 [1] - X402 is dubbed the "Payments MCP" (Model Context Protocol), enabling agents to transact with their own wallets and interact with real-world data [1] - Coinbase's acquisition of Echo and Cloudflare Agents SDK + Google A2A payment protocol are affiliated with using x402 [1][2] Key Players and Partnerships - GoKiteAI partnered with brevis_zk for privacy around payments with agents using x402 [2] - Circle has an ongoing relationship with Coinbase, with USDC likely being the stablecoin of choice for agent transactions [4] - Neo Banks are gearing up for AI Agent payments, with Tether launching its wallet development kit and Visa/Mastercard rolling out infrastructure for trillions of transactions [4] Market Trends and Predictions - A16zcrypto report referenced x402, anticipating $30 trillion in agentic purchases by 2030 [1][5] - RibbitCapital's 2025 "Token Letter" discusses AI agents as economic participants that will earn and spend, using stablecoins and programmable money for payments and asset management [5] - PayPal Ventures led the $18 million Series A for Kite AI, potentially utilizing PyUSD for agentic stablecoin usage [5] Relevant X402 Protocols - Pingobserver is the first token minted by x402 [3] - Heurist_ai, virtuals_io, questflow, AnchorBrowser, and PayAINetwork are relevant x402 protocols [3] - $DREAM, $SANTA, $GLORIA, and $AURA are Virtuals tokens [3]