Coinbase’s x402 adds identity checks to power AI stablecoin payments
PositiveCryptocurrency
- Coinbase has enhanced its x402 protocol by incorporating age and ID checks for stablecoin payments, enabling AI systems to purchase restricted goods and services online. This development marks a significant step in integrating identity verification into cryptocurrency transactions.
- The addition of identity checks is crucial for Coinbase as it aims to facilitate compliant and secure transactions, potentially increasing user trust and expanding the use cases for its x402 protocol in the growing AI-driven payment landscape.
- This advancement reflects a broader trend in the cryptocurrency sector towards enhancing security and compliance, as evidenced by the surge in transactions and interest in AI micropayments. The x402 protocol's rapid adoption and the introduction of new token categories indicate a shifting focus towards innovative payment solutions in the digital economy.
— via World Pulse Now AI Editorial System
