More than 40 organizations, including Visa, Stripe and Google, have joined the x402 Foundation to support an open standard for AI agent payments, according to Techub News, citing CoinDesk. The x402 protocol was developed by Coinbase and is hosted by the Linux Foundation. It is designed to let AI agents make automated payments over HTTP, removing the need for subscriptions or manual credit card entry.
The protocol’s name comes from HTTP status code 402, which stands for “Payment Required.” The foundation’s member list also includes Mastercard, American Express, Ripple, Shopify, Amazon Web Services, Circle and the Solana Foundation. The group is currently recruiting an executive director and setting up a technical steering committee.
The move brings together payments companies, cloud providers and crypto firms around a common framework for machine-native payments. The report did not disclose further implementation details or a timeline.
More than 40 organizations, including Visa, Stripe and Google, have joined the x402 Foundation to support an open standard for AI agent payments, Techub News reported, citing CoinDesk.
The x402 protocol was developed by Coinbase and is hosted by the Linux Foundation. It is designed to enable automated payments between AI agents over HTTP, without subscriptions or manual credit card entry.
The name x402 comes from HTTP status code 402, or “Payment Required.” Other foundation members include Mastercard, American Express, Ripple, Shopify, Amazon Web Services, Circle and the Solana Foundation.
The x402 Foundation is now recruiting an executive director and forming a technical steering committee.
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