x402 Explained in 2.5 Minutes

Description

x402 isn’t just another payment layer; it solves a 25-year gap in the internet’s foundation by finally putting HTTP 402 to work. x402 is an internet-native payment protocol created by Coinbase. It repurposes the long-unused HTTP 402 "Payment Required" status code, which was originally reserved for digital cash payments in 1999 but never implemented. X402 is an open payment standard that allows services to charge for access to their APIs directly over HTTP. 🐦 Follow Finematics on X (Twitter) ► https://twitter.com/finematics 💛 Support Finematics on Patreon and join our Discord community ► https://www.patreon.com/finematics