Linux Foundation and Coinbase Launch x402 Foundation for AI Payments Revolution
The Linux Foundation announced the launch of the x402 Foundation on April 2, 2026, during the MCP Dev Summit North America in New York. The initiative involves the formal contribution of the x402 protocol from Coinbase to the Linux Foundation to serve as a neutral, open-source standard for internet-native payments. This protocol enables artificial intelligence (AI) agents, application programming interfaces, and apps to transact value directly within web interactions.
