[Coinbase: x402 has processed over 205 million transactions, amounting to $53 million, involving 200,000 sellers] Coinbase stated in a tweet that x402 has so far processed more than 205 million transactions, with a total transaction amount of $53 million, involving 200,000 sellers. Among these, Coinbase facilitated 67% of the transactions. x402 is an open machine-to-machine (M2M) payment standard originally initiated by Coinbase and now operating independently. It allows agents to locate paid resources, complete payments, and proceed with tasks without the need to create accounts, input credit card information, or subscribe.