ChainCatcher report, according to CoinDesk, Coinbase-developed x402 protocol has announced the formation of the x402 Foundation with support from Google, Cloudflare, Stripe, and others. Additionally, the x402 protocol will leverage the Linux Foundation to expand its open-source ecosystem, aiming to address potential interoperability issues by creating something akin to a Secure Sockets Layer (SSL) for AI agents.
Coinbase's x402 Protocol Launches Foundation with Support from Google and Cloudflare
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Summary
Coinbase's x402 protocol has launched the x402 Foundation, supported by Google, Cloudflare, and Stripe. The protocol update aims to create an open-source ecosystem with backing from the Linux Foundation. The initiative focuses on growing the ecosystem by developing an SSL-like solution for AI interoperability.
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