{
 "id": "x402-completing-the-internets-missing-payment-layer-for-agentic-commerce/waffle",
 "title": "x402 lifetime volume vs Visa's 30-day volume",
 "subtitle": "100 squares make one month of Visa payments. All of x402's volume to date fills 0.39% of the first square.",
 "note": "",
 "source": "Visa: Visa Inc. FY2024 Annual Report , $13.2T in payments volume a year divided by 12. x402: x402scan , cumulative volume over 10 months to March 2026.",
 "sources": [
  {
   "name": "Visa Inc. FY2024 Annual Report",
   "url": "https://annualreport.visa.com/financials/default.aspx"
  },
  {
   "name": "x402scan",
   "url": "https://www.x402scan.com/facilitators"
  }
 ],
 "report": {
  "title": "x402: Unlocking the Internet's Missing Payment Layer",
  "url": "https://www.khala.io/x402-completing-the-internets-missing-payment-layer-for-agentic-commerce",
  "date_published": "2026-03-18"
 },
 "url": "https://www.khala.io/x402-completing-the-internets-missing-payment-layer-for-agentic-commerce#ix-waffle-t",
 "publisher": "Khala Research",
 "cite": "Khala Research, \"x402 lifetime volume vs Visa's 30-day volume\", in \"x402: Unlocking the Internet's Missing Payment Layer\", March 18, 2026. https://www.khala.io/x402-completing-the-internets-missing-payment-layer-for-agentic-commerce#ix-waffle-t",
 "csv": "https://www.khala.io/data/x402-completing-the-internets-missing-payment-layer-for-agentic-commerce/waffle.csv",
 "columns": [
  "Label",
  "Value",
  "Detail"
 ],
 "rows": [
  {
   "Label": "One square",
   "Value": "$11.67B",
   "Detail": "100 squares = Visa's monthly volume, $1.167T"
  },
  {
   "Label": "x402 lifetime volume",
   "Value": "$46.5M",
   "Detail": "0.42% of one square, 0.0042% of one month"
  }
 ],
 "quantitative": true
}