According to CoinDesk, x402, the agent-based payment protocol developed by Coinbase, has officially joined the Linux Foundation to advance its adoption as an open, standardized infrastructure. The protocol has established an initial governing body, the x402 Foundation, with Cloudflare and Stripe as founding members. Other organizations expressing interest in participation include Adyen, Amazon Web Services, American Express, Ant International, Base, Circle, Google, KakaoPay, Mastercard, Microsoft, Polygon Labs, Shopify, the Solana Foundation, and Visa. Jim Zemlin, CEO of the Linux Foundation, stated that the x402 Foundation will drive the development of related capabilities through an open, community-governed approach, ensuring its evolution aligns with principles of transparency, interoperability, and broad participation. James Tromans, Managing Director of Web3 and Digital Assets at Google Cloud, also noted that joining the x402 Foundation reflects Google’s commitment to supporting interoperable, AI-driven transaction standards.
Coinbase's x402 AI Payment Protocol Joins the Linux Foundation with Support from Google, Stripe, and AWS
TechFlowShare
Summary
Coinbase's x402 AI-powered payment protocol has joined the Linux Foundation as an open infrastructure project. The x402 Foundation, its governing body, includes Cloudflare and Stripe as founding members. Google, Stripe, AWS, and others are set to join. The protocol aims to advance AI and crypto innovation through open governance and interoperability. A forthcoming protocol update will focus on standardizing AI-driven transactions. Linux Foundation CEO Jim Zemlin said the move supports transparency and broad participation. Google’s James Tromans called it a step toward open, AI-powered transaction standards.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.