Crypto Enables Borderless Living in Argentina
Crypto Enables Borderless Living in Argentina
馃彔 Flower Shop Banking Adventures
An expat shares their experience living in Argentina without national ID, highlighting how crypto simplified daily life. Initially relying on informal peso purchases from a flower stall, they later found stability through:
- Paying rent directly in USDC to crypto-accepting landlords
- Using p2p services that exchange USDT on Arbitrum for peso delivery
- Connecting with local crypto communities for social support
This real-world application demonstrates how digital currencies can overcome traditional banking barriers and foster community integration for international residents.
Paying rent with crypto. A story from our @EFDevcon host country, Argentina, on how Ethereum is used in everyday life: "I lived in Argentina for about a year total without a national ID - it made a lot of things difficult! I lived in airbnbs and bought pesos illegally from a
EIP 3009 Enables Autonomous Payments on Ethereum and Base
A significant development in blockchain payment infrastructure has emerged through EIP 3009 implementation on both Ethereum and Base networks. - EIP 3009 introduces autonomous payment capabilities - Integration spans both Ethereum mainnet and Base layer-2 - Enables streamlined discover-and-pay functionality This protocol enhancement represents a step forward in automated blockchain transactions, allowing for more efficient payment processes across these networks. *Technical Implementation:* The feature leverages Ethereum's core infrastructure while extending functionality to Base's scaling solution. Learn more about EIP 3009 at [Ethereum Improvement Proposals](https://eips.ethereum.org/)
HTTP 402: The Forgotten Status Code Enabling AI Agent Payments
A long-dormant HTTP status code (402 Payment Required) is getting new life through Ethereum, enabling autonomous AI agents to make direct payments for services. Key developments: - x402 and EIP 3009 allow servers to quote prices in USDC - Agents can automatically pay for API calls without human intervention - No API keys or billing dashboards needed - Several APIs already live with x402 support: - Inference APIs (@hyperbolic_labs) - Media generation (@prodialabs) - Web search (@firecrawl_dev) - Social APIs (@Neynar_xyz) Developers can learn more at [x402.org](http://x402.org) or view the [@CoinbaseDev repo](https://github.com/coinbase/x402/)
Ethereum Ecosystem Update: 21 Major Developments
**Key Ethereum Developments:** - Pectra upgrade live with smart account features and 2x L2 capacity - Stripe launches stablecoin accounts in 101 countries - Uniswap reaches $3T all-time swap volume - Multiple L2s reach Stage 1: Base, Kinto, Scroll, and Starknet **Technical Achievements:** - ZKSync achieves full EVM equivalence - SuccinctLabs/RiscZero reduces block proving to 12s - Aztec launches public testnet for private L2 **Adoption Highlights:** - Coinbase integrates Farcaster social - AAVE partners with ANT for RWA marketplace - WorldID verifies 12.5M humans on L2 - MorphoLabs hits $1B TVL on Base
Microsoft Fabric Integrates Ethereum Data via Space and Time
Microsoft Fabric users can now access Ethereum blockchain data through Space and Time's integration. This development marks a significant step in enterprise blockchain adoption. - The integration enables direct querying of Ethereum on-chain data - Space and Time, operating on ZKsync Chain, provides ZK-verified data - Enterprise users can now access trustless, queryable blockchain data for business analytics This collaboration bridges the gap between traditional enterprise systems and blockchain technology, making Web3 data more accessible to mainstream businesses.