Part of a series on building cz-agents → under the hood.

Where we left off

In June, I compared the three camps of agentic payments here—x402, card tokens, and banks—and argued that x402 will take machine-to-machine micropayments, while cards and banks split the rest. I won't repeat the basics of the protocol, how the 402 status code works, or why cards don't add up economically on tiny amounts; anyone who needs a refresher will find it in that article.

This piece is about something else. A few weeks have passed; the numbers and the big-player backing have both jumped by an order of magnitude, and for the first time, I can compare those figures against what I actually see in my own logs. The gap between the two is the entire point of what follows.

The numbers are hard to miss