Visa’s Sheffield Pegs Adjusted x402 Volume at $19M

A joint Visa and Artemis analysis finds roughly 4,000 wallets drive about 90% of x402’s adjusted spending, with Base accounting for the bulk of activity. According to The Defiant, a joint visa and artemis analysis finds roughly 4,000 wallets drive about 90% of x402’s adjusted spending, with base accounting for the bulk of activity.. The development comes amid ongoing regulatory scrutiny in the sector. The Defiant reports that this marks a significant milestone for the industry. The The Defiant report provides additional context on the implications for market participants and regulatory frameworks moving forward.