Big Tech Companies Form New x402 Foundation For Agentic AI
Big Tech firms have launched the x402 Foundation to standardize payments for agentic AI using both crypto and fiat currencies.Summary
Google, Microsoft, and Amazon Web Services are founding members of the x402 Foundation, established to govern the x402 protocol for agentic AI payments. Launched by the Linux Foundation with Coinbase, the foundation also includes American Express, Mastercard, Visa, and other key players. The move reflects a growing belief that AI agents will soon dominate online transactions. The x402 protocol aims to enable autonomous payments for API access, data, and digital services, though transaction activity peaked in late 2025 and has since declined. Coinbase CEO Brian Armstrong predicts more AI agents will transact online than humans soon, and the open-source structure under the Linux Foundation is intended to foster wider adoption and support.
(Source：Cointelegraph)