According to jesse.base.eth, x402 introduces a significant upgrade to paid APIs by enabling instant onchain payments, making them up to 10 times better for developers seeking seamless integration with blockchain technology (source: Twitter/@jessepollak, May 7, 2025). This innovation allows API providers to receive payments directly and immediately onchain, reducing settlement times, minimizing fraud risk, and increasing transparency. For crypto traders and developers, x402's approach could boost the adoption of decentralized finance (DeFi) protocols and drive demand for cryptocurrencies used in API transactions, potentially impacting token liquidity and trading volumes.