x402.org reports 75.41M transactions and $24.24M in volume over the last 30 days, about $0.32 per payment, so this is a high-frequency, brutally low-ticket market. Wallets and caps will commoditize across Coinbase, Circle, and Xona; distribution and repeat API demand decide the winner among x402’s 22,000 sellers.

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Up nextCap founder Benjamin admits its promised 11M Stabledrop was unsustainable after a lower-than-expected ICO, apologizing and outlining a revised no-loss allocation plan