Coinbasebacked x402 adds batch settlement for AI agent payments

Image for article Coinbasebacked x402 adds batch settlement for AI agent payments
News Source : Cointelegraph

News Summary

  • Coinbase-backed x402 has added batch settlement, a feature designed to reduce the cost of high-frequency AI agent payments.
  • The feature lets buyers deposit ERC-20 funds into onchain escrow and sign offchain vouchers for each paid request.
  • Sellers can verify those vouchers quickly, serve the request and later redeem many payments together in batched onchain transactions, according to x402’s documentation.
  • It comes a week after Amazon Web Services (AWS) integrated Coinbase's x402 payment protocol and wallet infrastructure to allow AI agents to make USDC (USDC) payments on Base and Solana.
Coinbasebacked x402 has added batch settlement, a feature designed to reduce the cost of highfrequency AI agent payments by allowing many small transactions to settle later in bulk.Base creator J [+2836 chars]

Must read Articles