The newly-convened x402 Foundation is a neutral space where competitors and payment methods can work together to create an open standard for AI agentic commerce.

Ripple has joined the x402 Foundation as a Premier Member, placing XRP and RLUSD within an industry effort to develop internet-native payments for AI

Forty companies now govern x402, the protocol Coinbase built and handed away. It settled about $24 million last month across 75 million payments.