X Pay has settled more than 50,000 USDC payments since launching on Base mainnet on 11 September 2026, operating its own x402 facilitator since 22 September. The $1 million round included DCI, Skyland Ventures, Zerra Ventures and others, with former OKX COO Andy Cheung joining as advisor. Built on the x402 standard, X Pay charges a flat 1% of settled volume, is non-custodial, and offers 21 paid endpoints. Funding will extend settlement to BNB Chain and Solana, scale the facilitator, launch an API marketplace, and prepare for EU MiCA compliance.

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