Agentic commerce is rapidly emerging, powered by the x402 standard. In a recent podcast episode, Laura Shin discusses the evolution of internet payments with Erik Reppel, Coinbase’s Head of Engineering, and Sam Ragsdale, founder of Merit Systems. For years, online payments were cumbersome, relying on credit cards and complex integrations. However, the rise of AI agents necessitates instant payment solutions, prompting the development of x402. This open standard streamlines payment experiences for developers, allowing for easy transactions in the AI-driven landscape. The discussion highlights x402’s architecture, its compatibility with stablecoins for viable microtransactions, and key issues such as chargebacks and chain-agnostic design. This innovative framework aims to integrate seamlessly with fiat currencies in the future. For insights on the future of payments, listen on Apple Podcasts, Spotify, or your preferred podcast platform. Stay tuned to learn how x402 could revolutionize digital commerce!
Source link
