Coinbase-backed AI payments protocol wants to fix micropayment but demand is just not there yet

The Coinbase-backed AI payments protocol, x402, aims to address micropayment issues but is currently facing low demand, with data indicating it remains in the trial phase. Agentic commerce shows promise, but the lack of demand may hinder the protocol's growth. The article suggests that x402 has not yet gained significant traction, which could impact its potential for widespread adoption.