x402 Foundation

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x402 Foundation

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Visa, Mastercard, and Ripple joined the x402 Foundation, formalizing the standard for AI agent stablecoin payments: The Linux Foundation-governed protocol lets software pay software directly using USDC via the long-reserved HTTP 402 code. x402 processed 75 million transactions totaling $24 million in the past 30 days. It’s tiny in volume, but the infrastructure is live with 40 members.
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