Google, Microsoft, AWS Join Coinbase's x402 Foundation Under Linux Foundation

Major tech and finance firms backed the x402 Foundation to govern and standardize the agentic AI payments protocol.

“Close × Coinbase, Cloudflare, Stripe Push to Shape Future of AI Money by Muyao Shen of Bloomberg News, 4/2/26 × Membership required Membership is now required to use this feature”

Advisor Perspectives

The foundation was launched by the Linux Foundation with help from Coinbase, the creators of x402.

CoinDesk

Other companies expressing initial intent include American Express, Mastercard, Visa, Cloudflare, Shopify, Stripe, Circle, Base, Polygon Labs, Solana Foundation, Thirdweb and KakaoPay.

Jim Zemlin said the internet was built on open protocols, explaining the open-source structure.

The move comes amid a belief that AI agents could become the dominant users of blockchain payments.

Coinbase CEO Brian Armstrong said there will be more AI agents transacting online than humans very soon.

Cointelegraph

Former Binance CEO Changpeng Zhao said crypto is the native currency for AI agents.

x402 is an open payment standard for autonomous payments by AI agents.

The founding coalition includes over 20 major tech and finance firms.

“Google, Microsoft and Amazon Web Services are among the Big Tech firms supporting the newly launched x402 Foundation, established to govern and standardize the x402 protocol for agentic AI payments on crypto and fiat rails”

Cointelegraph

Coinbase originally launched x402 with backing from Cloudflare and Stripe.

The protocol aims to create a seamless payment layer across blockchain and fiat rails.

The effort represents alignment among competitors like Visa and Mastercard.

x402 under Linux Foundation aims to tackle interoperability challenges.

The initiative aims to create community-governed, transparent development.

Live Bitcoin News

Coinbase's stock has been down significantly despite analyst bullishness.

The launch of x402 as a neutral, open standard is a key step.