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Coinbase and Cloudflare Launch x402 Foundation for AI Agent Payment Standards

Coinbase and Cloudflare Launch x402 Foundation for AI Agent Payment Standards

The x402-powered GMPayer, developed by LazAI, ZKM, Metis, and GOAT Network, expands decentralized AI-to-AI transaction capabilities with a multi-currency hub and limited $BANG token minting on Metis and GOAT networks.

Summary

Coinbase and Cloudflare’s x402 Foundation, established in September 2025 to set decentralized payment standards for AI agents, now includes GMPayer, an x402-powered multi-currency payment hub launched by LazAI, ZKM, Metis, and GOAT Network. GMPayer facilitates trustless, cross-chain settlements and AI-to-AI transactions across different blockchain networks. The rollout features $BANG, a proof-of-concept token available for minting from November 4 to November 7, 2025—spanning 72 hours—on Metis and GOAT networks.

Terms & Concepts
  • Cross-chain payments: A method allowing cryptocurrency transactions between different blockchain networks without centralized intermediaries.
  • Trustless system: A framework where transactions occur without relying on a central authority or mutual trust between parties.
  • Proof of Concept (PoC) token: A token issued to demonstrate and test a blockchain project's feasibility before a full launch.