According to CoinDesk, the smart business payment protocol x402 developed by Coinbase has officially joined the Linux Foundation, promoting it as an open, standardized infrastructure.
The protocol has established an initial governance body, the x402 Foundation, with Cloudflare and Stripe as founding members. Organizations such as Adyen, Amazon Web Services, American Express, Ant International, Base, Circle, Google, KakaoPay, Mastercard, Microsoft, Polygon Labs, Shopify, Solana Foundation, and Visa have also expressed their intention to participate.
Linux Foundation CEO Jim Zemlin stated that the x402 Foundation will promote the development of related capabilities in an open, community-governed manner, ensuring its evolution under the principles of transparency, interoperability, and broad participation.
James Tromans, Managing Director of Google Cloud Web3 and Digital Asset Business, also stated that joining the x402 Foundation reflects Google's commitment to supporting interoperable, AI-driven transaction standards.
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