Key facts
- The XRP Ledger has surpassed 10 million x402 AI payments.
- The milestone was achieved less than three months after reaching 1 million x402 payments.
- The XRPL AI Hub data shows approximately 10.9 million all-time transactions.
- Nearly 6,610 XRP and 9,870 RLUSD have been settled across 161 registered merchants.
- Over 600,000 x402 payments are settled on the XRP Ledger daily.
- The x402 protocol uses the HTTP 402 'Payment Required' status code for automated payments.
The XRP Ledger (XRPL) has achieved a significant milestone, surpassing 10 million AI-powered payments settled through the x402 protocol. This achievement comes less than three months after the ledger cleared its first million such transactions.
t54 Labs, a Ripple-backed AI agentic payments trust layer platform, announced on October 1 that the XRPL had crossed the 10 million mark. Data from the XRPL AI Hub indicates a total of approximately 10.9 million transactions, with nearly 6,610 XRP and 9,870 RLUSD settled across 161 registered merchants. The platform is seeing substantial daily activity, with over 600,000 x402 payments settled each day.
J. Ayo Akinyele, RippleX head of engineering, highlighted the rapid growth on X, noting that AI agents are increasingly paying for services such as data inference and online consumption. He also pointed to a broadening range of x402 services appearing in areas like financial data, risk assessment, and credit APIs. Akinyele previously projected that the network could reach 100 million transactions within a couple of years as AI agents autonomously discover and pay for services.
The x402 protocol, revived by Coinbase, utilizes the HTTP 402 'Payment Required' status code. It allows AI agents to make on-chain payments for services without requiring human approval or stored payment details. XRP and RLUSD are the settlement currencies on the XRPL for these transactions. RippleX contributed XRPL support for x402, which was released in June as part of Ripple's XRPL AI Starter Kit. Ripple is a key member of the Linux Foundation's x402 Foundation, alongside other major tech and finance companies.