Linux Foundation and Coinbase Launch x402 Foundation for AI Agents

The Linux Foundation announced the motorboat of the x402 Foundation connected April 2, 2026, during the MCP Dev Summit North America successful New York. The inaugural involves the ceremonial publication of the x402 protocol from Coinbase to the Linux Foundation to service arsenic a neutral, open-source modular for internet-native payments. This protocol enables artificial quality (AI) agents, exertion programming interfaces, and apps to transact worth straight wrong web interactions.

The modulation to an open-source exemplary aims to guarantee transparency and interoperability crossed the planetary fiscal ecosystem. The instauration launches with enactment from implicit 20 manufacture leaders, including Google, Microsoft, and Visa. Current information indicates the Solana Foundation has been an aboriginal adopter, accounting for astir 65% of x402 transaction volume this year.

“The x402 Foundation volition make an open, community-governed location to make these capabilities successful the open, ensuring they germinate with transparency, interoperability, and wide information crossed the ecosystem,” said Jim Zemlin, CEO of the Linux Foundation.

🧭 FAQs

• What is the x402 protocol’s superior function? It embeds outgo capabilities straight into web interactions for AI agents and applications.

• Where is the x402 Foundation based? The instauration operates nether the planetary jurisdiction of the Linux Foundation successful New York.

• Which companies are progressive successful the section launch? Major participants see Coinbase, Stripe, Cloudflare, and planetary leaders similar Mastercard and Amazon.

• How does the protocol enactment AI agents? It provides a neutral furniture for autonomous commerce betwixt agents crossed antithetic jurisdictions.