What is Pieverse (PIEVERSE)?

What Is Pieverse?

(Source: pieverse_io)

Pieverse is developing a next-generation payment infrastructure that connects Web2 and Web3, expanding traditional HTTP payment standards to on-chain environments. Pieverse’s foundational layer targets a future where AI Agents lead transactions, not just human users. As AI Agents become more autonomous, they engage in activities such as:

• Purchasing APIs
• Hiring other Agents
• Paying for services
• Initiating recurring transaction processes

When AI begins to spend funds, key issues arise: How do you track these expenses? Are transactions compliant? How is taxation handled? Who conducts audits? Pieverse tackles these challenges natively on BNB Chain. It launches x402b—the first framework to integrate Agent-native payments, compliance, and auditing within a unified payment system.

x402b: Next-Generation Agent-Native Payment Protocol

(Source: medium/@pieverse)

x402b is an advanced version of the x402 HTTP Crypto Payment Protocol, purpose-built for Web3 and AI.

The framework is anchored by three key pillars:

Pillar One: Truly Agent-Native Payment Pathways

AI autonomy requires transactions that don’t need constant human approval and aren’t stalled by gas shortages. The original x402 protocol is powerful, but it faces a critical limitation on BNB Chain: most stablecoins (such as USDT and USDC) lack EIP-3009 support, meaning BNB remains necessary for transaction (gas) fees.

x402b resolves this with pieUSD. pieUSD is a 1:1 wrapped USDT with full EIP-3009 support. The payment flow consists of the following steps:

1. The user or Agent signs authorization offline.
2. The Facilitator submits the transaction and covers gas fees.
3. The merchant receives pieUSD.

This enables AI Agents to conduct on-chain payments using familiar HTTP requests, with no gas fees or token balance management—delivering a truly gasless, seamless experience.

Pillar Two: AI Payment Compliance and Auditable Taxation

When AI autonomously spends, businesses and regulators immediately ask: What was purchased? From whom? Where is the receipt? Is the tax information correct? Conventional on-chain transactions don’t provide receipts, invoice data, or business identities, and the earlier x402 protocol lacked these standards.

x402b addresses this through the Pieverse Facilitator and a Compliance Layer, automatically generating compliant, verifiable, region-specific receipts for every payment settlement, and storing them on BNB Greenfield (the blockchain data storage layer).

This delivers three major advancements:

• Transactions automatically produce compliance documents—supporting formats for the US, EU, APAC, and more.
• Immutable, long-term audit records—Greenfield’s data storage complies with financial audit retention requirements (e.g., five years).
• Privacy protection—supports taxpayer ID masking and optional disclosure.

For enterprises, this means AI usage fees can be directly booked and meet tax regulations—marking the first time Web3 payments provide default compliance.

Pillar Three: The Future of Payments—Streaming

AI’s true value isn’t just in single API calls. It’s in long-term operations. Continuous inference, ongoing monitoring, and executing complex task chains are also essential. Enterprise AI needs are now cloud-like: pay-as-you-go rather than large upfront fees.

x402b supports single payments and lays the foundation for streaming payments:

• Agents can pay each other by the minute
• LLM inference can be billed per token
• Enterprises can stop payments midstream to reduce risk

This creates the first genuine Agent-to-Agent economy.

How x402b Works

Externally, it looks like a typical Web Request, but it integrates full payment, compliance, and record-keeping processes behind the scenes.

1. Client → Resource Server: Sends payment and compliance information via the X-PAYMENT header.
2. Resource Server → Facilitator: Verifies signatures and initiates settlement.
3. Facilitator → Blockchain: Executes gasless payment using transferWithAuthorization.
4. Facilitator → Greenfield: Generates and uploads compliant receipts.
5. Response returns to Client: Optionally contains the Greenfield receipt URL.

The user only needs to sign; the Facilitator manages gas and compliance; blockchain and Greenfield provide tamper-proof evidence.

Significance for BNB Chain

x402b transforms BNB Chain from a payment-capable platform into a compliant payment infrastructure suitable for enterprise adoption. Key enhancements include:

1. Enterprise integration—companies can pay via x402b and automatically generate audit receipts.
2. Greenfield’s practical enterprise use cases—as a long-term repository for receipts, invoices, and tax documentation.
3. Enterprise readiness—gasless payments, compliance, and automated bookkeeping position BNB Chain as the leading blockchain for AI-driven commerce.

Pieverse Foundation and $PIEVERSE Roles

To guarantee the ecosystem’s long-term growth, Pieverse created Pieverse Collective Limited (the Foundation). The Foundation’s responsibilities include:

• Advancing x402b, timestamp, receipt, and ledger standardization
• Funding partners and ecosystem development
• Maintaining open-source transparency and community governance
• Supporting Pieverse core technology and overall growth strategy

$PIEVERSE is the central token of the ecosystem, powering incentives, governance, and access to benefits.

$PIEVERSE Tokenomics

Core Token Functions

$PIEVERSE is more than a governance token—it drives the entire Pieverse payment stack.

• Reduced fees—holders enjoy discounts on Pieverse services.
• Staking—unlock platform features, access additional benefits, and get early exposure to ecosystem projects.
• Governance—vote on product direction, fund allocation, and ecosystem initiatives.
• Payments—used as a medium of exchange across Pieverse’s service suite.

The concept centers on time as a new asset class. Holders can stake and participate in governance, turning their ecosystem contribution into financial returns.

Token Allocation

We prioritize community and ecosystem growth in the allocation, leaving ample room for future expansion.

• 20% Team and Advisors—long-term vesting ensures sustained commitment.
• 15% Investors—supporting initial development and protocol adoption.
• 27.6% Community Growth—rewards users, creators, and promoters to drive expansion.
• 27.4% Ecosystem & Marketing—encourages collaboration, incentivizes developers, and boosts adoption.
• 10% Foundation Reserve—for long-term plans, liquidity, and future ecosystem needs.

(Source: medium/@ pieverse)

Overall, the distribution structure gives priority to ecosystem users and contributors, reflecting the spirit of decentralization.

To learn more about Web3, register at: https://www.gate.com/

Summary

When AI Agents acquire autonomous payment and long-term operational capabilities, gaps in compliance, auditing, and record retention become major obstacles to enterprise adoption of traditional on-chain payments. Pieverse addresses this critical challenge with a comprehensive solution: x402b delivers a gasless experience, auto-generates compliant receipts, and provides permanent records on Greenfield, setting the stage for future streaming payments. This is more than a technical upgrade—it’s a new payment foundation built for the age of Agent-driven commerce, accelerating Web3’s development toward maturity, regulatory compliance, and scalable growth.