Coinbase and Cloudflare form the X402 Foundation to set a universal standard for AI-based payments

Coinbase announced its partnership with Cloudflare to create the x402 Foundation. The foundation aims to establish the x402 protocol as a universal standard for AI-driven payments, revolutionizing how internet payments are processed.

The foundation will focus on governance, ecosystem development, and interoperability, encouraging adoption among developers and businesses while providing essential grants and resources to facilitate the growth of the x402 platform.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts