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Ripple, Coinbase, and Circle Join Linux x402 Foundation

They came together to shape the future of AI payments.

CryptoPotato1 min

1A New Collaboration

Ripple, Coinbase, and Circle have joined the Linux x402 Foundation to shape the future of AI payments. This foundation is working on a protocol that will make it easier for AI-based systems to make payments.

2The Importance of AI Payments

AI systems are not only making recommendations but also taking on functions such as purchasing services and completing transactions. Therefore, there is a need for a reliable infrastructure for AI payments.

3The Role of Open Protocol

The x402 protocol aims to enable AI systems to make payments as fast and reliable as data exchange. This protocol offers an infrastructure that is not controlled by a single company.

4Ripple's Contribution

Ripple is supporting the x402 protocol using the XRP Ledger infrastructure. This allows AI systems to transact using XRP and RLUSD stablecoin.

5Vendor-Neutral Governance

The Linux x402 Foundation adopts an open and vendor-neutral governance model, aiming to create an infrastructure that supports different networks and payment methods.

6The Future of Payments

AI payments will become an important part of transactions in the future. The x402 protocol aims to provide a reliable and effective solution in this field.

Original article: CryptoPotato — Ripple, Coinbase ve Circle Linux x402 Vakfı'na Katıldı