Ripple Joins x402 Foundation as Primary Member for AI Payment Standards

COIN1.09%
XRP2.11%
RLUSD-0.02%

Ripple announced it has joined the x402 Foundation as a Primary Member, an organization dedicated to developing open payment standards for AI agents and web-based applications. The x402 Foundation operates under the Linux Foundation and aims to integrate payment transactions directly into internet-based interactions. The announcement follows the completion of the transfer of the x402 protocol, originally developed by Coinbase, to the foundation. Ripple stated the move addresses the need for fast, reliable, and interoperable payment infrastructures as AI agents assume greater roles in transaction processes. The company has developed tools and infrastructure on the XRP Ledger that enable AI agents to transact using XRP and RLUSD through x402 support.

x402 Protocol Embeds Payment Capabilities into HTTP Interactions

According to a statement from the Linux Foundation, the x402 Foundation officially launched following the completion of the protocol transfer from Coinbase. The organization operates with an open and unbiased governance structure and plans to create a common standard allowing AI agents, APIs, and applications to perform financial transactions as easily as exchanging data. The x402 protocol embeds secure payment capabilities directly into HTTP-based internet interactions. This enables AI agents to purchase services, pay for API usage, or perform machine-to-machine transactions with other automated systems.

Ripple Develops AI Transaction Tools on XRP Ledger

Ripple stated that as AI agents begin to take on a greater role in transaction processes, there will be a need for fast, reliable, and interoperable payment infrastructures. The company announced it has developed tools and infrastructure for this area on the XRP Ledger. Thanks to x402 support, AI agents can now transact using XRP and RLUSD.

RippleX Executive Emphasizes Open Standards for Machine Payments

RippleX Senior Vice President Markus Infanger stated that open standards form the foundation of reliable and interoperable machine-to-machine payments. Infanger added that Ripple will support the consistent application of standards across the industry by contributing to the x402 Foundation's technical and governance efforts.

FAQ

What is the x402 Foundation?

The x402 Foundation is an organization operating under the Linux Foundation that aims to develop open payment standards for AI agents and web-based applications. The foundation officially launched following the transfer of the x402 protocol from Coinbase.

How does the x402 protocol work with Ripple's infrastructure?

The x402 protocol embeds secure payment capabilities directly into HTTP-based internet interactions. Ripple has developed tools and infrastructure on the XRP Ledger that enable AI agents to transact using XRP and RLUSD through x402 support.

Why did Ripple join the x402 Foundation?

Ripple stated that as AI agents assume greater roles in transaction processes, there is a need for fast, reliable, and interoperable payment infrastructures. The company joined as a Primary Member to contribute to technical and governance efforts supporting consistent application of payment standards across the industry.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments