TIER_C · monthly brief

x402’s first anniversary: protocol real, independent demand still scarce

A year after Coinbase’s launch, SDKs, facilitators and edge vendors existed. Public independent payer proof for most sellers remained thin. Listing count is not demand.

Event 28 May 2026 · source 7 September 2026 · zFinia published 7 September 2026 · retrospective

Why it matters

Watch distinct payers, calls per payer and repeat use — and refuse to invent them.