US EditionBankr Launches x402 Cloud on 4/02 Day as x402 Protocol Joins the Linux Foundation
The platform adds hosting, payments and discovery for AI agents as the open x402 standard moves under Linux Foundation governance.
- On Thursday, April 02, 2026, the x402 Foundation launched under the Linux Foundation with Coinbase contributing the x402 protocol to create a neutral, open-source standard for AI-driven payments.
- McKinsey projects AI agents will mediate $3 to $5 trillion in global commerce by 2030, yet legacy financial systems struggle to handle high-frequency, micro-transactions required at that scale.
- "The internet was built on open protocols," said Linux Foundation CEO Jim Zemlin, as industry giants including Stripe, Google, and Cloudflare joined the initiative to standardize agentic commerce.
- Solana currently drives nearly 65% of x402 transaction volume this year, while financial infrastructure platform Bankr launched x402 Cloud to help developers deploy paid API endpoints for autonomous agents.
- The initiative aims to create an AI-focused equivalent to Secure Sockets Layer , establishing a fundamental, interoperable standard that enables agents to transact value as seamlessly as they exchange data.
16 Articles
16 Articles
Bankr Launches x402 Cloud on 4/02 Day as x402 Protocol Joins the Linux Foundation
Berkeley, California, April 2nd, 2026, ChainwireBankr x402 Cloud gives developers a complete platform to deploy pay-per-request API endpoints with hosting, agentic payments, and agent discovery included — powered
Coinbase, Stripe Push AI Agent Payments With x402 Launch
Coinbase, Cloudflare, and Stripe have created a new foundation focused on advancing AI agent payments on April 2, 2026. The new foundation will focus on developing the x402 Protocol, which is an Open-Source Protocol that creates instant M2M (machine-to-machine) payments. It enables seamless stablecoin payments without the need for humans in the payment process. The foundation will be run by the Linux Foundation and includes more than 20 large co…
Coinbase-Initiated x402 Foundation Sets Out to Build a Universal Open Payment Standard for the Web
TLDR: Coinbase initiated the x402 Foundation under the Linux Foundation alongside Cloudflare and Stripe as co-founders. Over 20 founding members joined, including Google, Microsoft, Visa, Mastercard, AWS, Circle, and Shopify. The x402 protocol supports both fiat and crypto rails across multiple blockchains and payment networks globally. AI agents can now make automated payments without manual authorization using the open x402 payment standard. …
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
