The Linux Foundation on July 14, 2026 announced the operational launch of the x402 Foundation, a vendor-neutral body tasked with developing open payment standards purpose-built for AI agents, APIs and applications. The initiative arrives with 40 founding member organizations, including AWS, Google, Visa, Mastercard, Stripe, Coinbase, Ripple and Circle, signaling unusually broad alignment across cloud, card networks, fintech and crypto infrastructure.
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