Cloudflare opens AI wallet handles for x402 payments

Cloudflare began the first stage of its programmable wallet rollout on Aug. 4, allowing customers to claim unique wallet handles for future stablecoin payments by artificial intelligence agents. Summary Cloudflare users can claim wallet handles now, while stablecoin funding and payment functions remain forthcoming. Account Wallets will hold funds, while Virtual Wallets let authorized agents make controlled purchases online. Owners can cap allowances, approve merchants, limit transaction sizes, and require human overrides when needed. x402 processed 75.41 million transactions and $24.24 million in volume during the last thirty days. Cloudflare has not disclosed supported stablecoins, networks, custody partners, fees, or full launch timing yet. The official Cloudflare announcement said users can reserve a handle tied to their Cloudflare account through cloudflare.pay. However, the company said the ability to fund wallets and use them to purchase APIs, data and online content will arrive “soon.” It did not provide a launch date. The distinction means Cloudflare has opened the identity layer of the product rather than a fully functioning payment service. Customers cannot yet assume tha...