Web3
Visa, Mastercard and Ripple Back x402 Payments
CoinCentral·July 15, 2026·1 min read
Visa, Mastercard, and Ripple are backing x402, a protocol under Linux Foundation governance. It processed 75 million transactions worth nearly $24 million over 30 days, with average payments of 32 cents. The protocol uses the HTTP 402 code for low-value payments between software agents, signaling demand for microtransactions in the Web3 economy.
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