PANews reported on April 2nd that, according to The Block , x402, a neutral internet payment protocol incubated by Coinbase, will be migrated to the Linux Foundation and operated as an independent foundation. Amazon Web Services , American Express , Ant International , Base , Circle , Google , KakaoPay , Mastercard , Microsoft , Polygon Labs , Shopify , Solana Foundation , and Visa will join as new members in protocol governance. Named after the HTTP 402 " Payment Required " status code, x402 is positioned as an open and neutral payment standard supporting crypto assets and traditional payment channels (credit cards, ACH , bank transfers, etc.), aiming to provide infrastructure for automated payment scenarios in the "agentic economy."