The Linux Foundation has established the x402 Foundation to steward an open protocol for seamless payments over HTTP.
“The x402 Foundation will create an open, community-governed home to develop these capabilities in the open, ensuring they evolve with transparency, interoperability, and broad participation across the ecosystem,” said Jim Zemlin, CEO of the Linux Foundation.
🧭 FAQs• What is the x402 protocol’s primary function? It embeds payment capabilities directly into web interactions for AI agents and applications.
• Where is the x402 Foundation based? The foundation operates under the global jurisdiction of the Linux Foundation in New York.
• Which companies are involved in the local launch? Major participants include Coinbase, Stripe, Cloudflare, and global leaders like Mastercard and Amazon.
• How does the protocol support AI agents? It provides a neutral layer for autonomous commerce between agents across different jurisdictions.
