Ripple, Coinbase, Circle Join Linux x402 Foundation to Help Shape AI Payments
Ripple, alongside Coinbase and Circle, has joined the newly operational x402 Foundation as a premier member. Hosted by the Linux Foundation, the organization oversees x402, an open protocol contributed by Coinbase that embeds payments directly into standard web interactions. The technology allows AI agents, applications, and APIs to send and receive money as easily as they exchange data. The protocol could become increasingly important as AI agents move from making recommendations to actually purchasing services, accessing paid APIs, and completing transactions on their own. Through open, vendor-neutral governance, the foundation aims to ensure that this emerging payment infrastructure supports various networks and payment methods without being controlled by a single company. Markus Infranger, senior vice president of RippleX, said, ‘Open standards like x402 help lay the foundation for trusted, interoperable machine-to-machine payments.’ Ripple has already developed XRP Ledger infrastructure supporting x402, enabling AI agents to transact using XRP and the company’s RLUSD stablecoin.