Key Insights:
Dexter AI secures over 50% of the x402 transaction volumes, stealing the lead from Coinbase.
Why the X402 space is gaining popularity and why it matters.
Coinbase CEO reveals details of the company’s plan to become the “everything” exchange.
Coinbase may have pioneered the X402 open HTTP-based protocol, and has been dominating this new segment. However, its dominance has been snuffed out by Dexter AI.
Dexter AI has reportedly dethroned Coinbase to secure the lead as the dominant player in X402 transactions. Dexter AI now controls over 50% of X402 transactions.
Coinbase loses X402 transaction, lead to Dexter AI/ Source: X courtesy of Wu Blockchain
The fact that Coinbase is no longer the dominant player in the segment was noteworthy. This was particularly because Coinbase pioneered the X402 protocol.
Nevertheless, the new shift in favor of Dexter AI signaled that the segment has been growing rapidly. This means it is starting to pick up the pace outside
We współpracy z: https://www.thecoinrepublic.com/2026/01/02/dexter-overtakes-coinbase-as-top-x402-facilitator/
