The new x402 Foundation will oversee an open protocol designed to let AI agents, applications, and APIs pay for digital services over the internet.

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.