As per the official social media announcement shared by Bitget Wallet, the platform permits autonomous transfers by utilizing the long-dormant HTTP 402 “Payment Required” status code. Hence, while the crypto community is preparing for CPI data release and the spooky season of Halloween, Bitget’s strategic move is adequately timed.
The announcement of official support for x402 payments protocol is crucial for Bitget Wallet for ecosystem expansion. In this respect, x402, which is built by Coinbase, streamlines monetization for platforms and developers. Thus, it prompts users to make payment before reaching key web pages or APIs.
Apart from that, the integration of x402 lets Bitget Wallet improve rails for machine-led and seamless payments. Keeping this in view, this move denotes a fundamental upgrade while AI agents are getting more and more prevalent across Web3 ecosystems. Additionally, the protocol’s capability to enforce payment ahead of data access unveils a unique programmable collateral layer.
Thus, the initiative transforms the monetization of digital content and APIs. Simultaneously, the time of the initiative is critical as it comes amid the wider preparation for the Halloween festival and the CPI data issuance. Therefore, the protocol could facilitate decentralized finance (DeFi) entities, data providers, and content creators.
According to Bitget Wallet, as the “trick or treat” festival nears and the community is widely buzzing with scary themes, support for x402 could redefine payment infrastructure. The protocol provides an adequate solution for the entities requiring automated and reliable payment enforcement while ensuring smooth user experience. Overall, Bitget Wallet is entering into a new epoch of collateral-ware and autonomous payments.
Go to Source
Author: NixCoin
LERAX, an EVM-compatible Layer 1 blockchain focused on RWA tokenization, today announced a strategic partnership…
Advertising Time Trace (ATT), a platform that bridges real-world assets (RWA) with blockchain technology, has…
Ripple’s XRP experienced a modest revival last week, but its momentum was halted at $2.40,…
Binance is the world’s largest crypto exchange, boasting a user base of over 280 million…
Disgraced FTX founder Sam Bankman-Fried once again weighed in on the exchange’s bankruptcy debate after…
New on-chain research from Arkham Intelligence this week shows that the wallet address holding the…
This website uses cookies.
Read More