๐ŸŒ x402 Foundation Launches Open Payment Protocol Under Linux Foundation

๐ŸŒ Internet payments get protocol

By Coinbase
Apr 2, 2026, 4:17 PM
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The x402 Foundation has officially launched under the Linux Foundation, introducing an open standard for payments over HTTP.​

Key developments:

  • Creates a universal protocol for internet payments, similar to existing protocols for data, email, and identity
  • Enables agents, APIs, and applications to transfer money with the same ease as data
  • Backed by major industry players including Coinbase, AWS, Google, Stripe, Mastercard, and Visa

The initiative addresses a fundamental gap in internet infrastructure: while protocols exist for various online functions, payments have lacked a standardized approach.​ The x402 protocol aims to make global money movement as seamless as data transfer, establishing an internet-native payment framework.​

Learn more about the x402 Foundation

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