Linux Foundation Launches x402 Foundation to Steward Open Payment Protocol from Coinbase
By
The Linux Foundation
Summary
The Linux Foundation is launching the x402 Foundation, with Coinbase contributing the x402 protocol as an open standard. The x402 protocol embeds payments directly into HTTP web interactions, enabling seamless transactions for AI agents, APIs, and apps — allowing them to transact value as easily as they exchange data. The announcement was made at the MCP Dev Summit North America in New York.
Source
bskyLinux Foundation Launches x402 Foundation to Steward Open Payment Protocol from Coinbaselinuxfoundation.orgKey quotes
· 1 pulledThe new Foundation will serve as the neutral home for x402, a universal standard for payments that embeds payments directly into web interactions, enabling AI agents, APIs, and apps to transact value as seamlessly as they exchange data.
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