"The x402 protocol enables artificial intelligence (AI) agents, application programming interfaces, and apps to transact value directly within web interactions, ensuring a seamless payment experience."
"The transition to an open-source model aims to ensure transparency and interoperability across the global financial ecosystem, fostering a collaborative environment for development."
"The x402 Foundation will create an open, community-governed home to develop these capabilities in the open, ensuring they evolve with transparency, interoperability, and broad participation."
The Linux Foundation launched the x402 Foundation on April 2, 2026, to manage the x402 protocol, which facilitates seamless payments over HTTP. This open-source standard allows AI agents and applications to transact value directly within web interactions. The initiative aims to enhance transparency and interoperability in the financial ecosystem, supported by over 20 industry leaders, including Google and Microsoft. The Solana Foundation has emerged as a significant early adopter, handling 65% of x402 transaction volume this year.
Read at news.bitcoin.com
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