Hassan Maishera
On Thursday, the Arbitrum team announced via X that x402 by Coinbase is now live on the Arbitrum blockchain. This deployment will allow builders to let AI agents pay for APIs, services, and software directly with stablecoins.
With just a few lines of code, x402 provides built-in authentication, automatic settlement, and seamless integration into existing web infrastructure.
This makes monetization instant and automatic - allowing businesses, apps, and AI agents to exchange value as easily as they exchange data.
Arbitrum is a suite of scaling solutions on Ethereum that utilize Optimistic Rollup. It allows users to enjoy faster speed and cheaper transaction costs when interacting with web3 dApps.
Arbitrum is an Ethereum layer-two (L2) scaling solution. It uses optimistic rollups to achieve its goal of improving speed, scalability and cost-efficiency on Ethereum. Arbitrum benefits from the security and compatibility of Ethereum. Another benefit is the higher throughput and lower fees compared to Ethereum. That is made possible thanks to moving most of the computation and storage load off-chain.
Arbitrum’s native token is called ARB and is used for governance. Offchain Labs, the developers behind Arbitrum, announced the shift to a decentralized autonomous organization (DAO) structure — the Arbitrum DAO. ARB holders can vote on proposals that affect the features, protocol upgrades, funds allocation and election of a Security Council.
Arbitrum uses optimistic rollups to stand out from other scaling solutions for Ethereum. It claims to offer several advantages over other optimistic rollup solutions, such as:
Compatibility: Arbitrum supports unmodified EVM contracts and transactions, meaning that any existing Ethereum DApp can run on Arbitrum without any code changes.
ARB, the native coin of the Arbitrum network, is down 1.0% today and is trading at $0.1288.
