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AI agents move toward a new HTTP-based payments standard
The x402 Foundation is seeking an executive director and formed a technical steering committee as it builds an open protocol for agent-to-agent and user payments.
CoinDesk reports that a newly convened x402 Foundation is working to establish an open payments standard for internet-based AI transactions, using the standard internet language HTTP so payments can flow between AI agents and users without subscriptions or manual credit card entry.
The x402 protocol is designed as a payments layer for “AI agentic commerce,” with the project arguing that AI-driven buying could involve many small micropayments that require a consistent way to transact across platforms.
According to CoinDesk, the foundation includes 40 premier members, such as Visa, Mastercard, American Express, and Stripe, alongside technology and payments firms including Ripple, Shopify, Google, Amazon Web Services, Cloudflare, and companies tied to crypto infrastructure like Circle, MoonPay, and the Solana Foundation.
CoinDesk also notes that Denelle Dixon, CEO of the Stellar Development Foundation and an early contributor to open-source browser technology, said the group is aiming to avoid closed “walled gardens” for money as the web evolves, while Coinbase originally stewarded the protocol and remains central to its origins.
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