x402 In the past 30 days, it processed 75.41 million transactions.
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Simply put, x402 is a payment protocol built for AI agents.
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An agent calls a paid API, and the server responds with a 402 “payment required.” The agent then pays automatically, and requests again with the proof—no checkout page anywhere in the whole flow.
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This week, Block added an x402 fund and brought the Bitcoin Lightning Network into the picture, because Lightning is naturally suited for small-value, high-frequency, real-time payments.
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That said, the amounts aren’t as outrageous as you might think. The total value over 30 days is just $24.24 million, and Circle has said that 99.3% of the volume is routed through USDC.
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How much Lightning will get is still unclear, and Cash App hasn’t said when it will roll out either.
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With lots of transactions and small amounts, the average per transaction is a bit over $0.30. Agent payments are still in a trial phase, but this is already real traffic.
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$BTC AI agents will pay for things going forward—will you back stablecoins or Bitcoin?