The Linux Foundation announced the operational launch of the x402 Foundation, gathering 40 member organizations to steward the x402 protocol — an open standard for internet-native payments over HTTP. Stellar Development Foundation joins as a premier member among finance, cloud, and payments leaders committed to enabling AI agents and applications to transact securely without vendor lock-in.
The Linux Foundation announced the operational launch of the x402 Foundation, gathering 40 member organizations to steward the x402 protocol — an open standard for internet-native payments over HTTP. The protocol, contributed by Coinbase, embeds secure payment capabilities directly into web interactions, allowing AI agents, APIs, and applications to process transactions as seamlessly as they exchange data. Stellar Development Foundation joined as a premier member. The foundation supports multiple payment types, from traditional cards to stablecoins like USDC, under vendor-neutral governance. The operational launch marks a milestone in standardizing machine-to-machine payments for the emerging agentic economy.