TechFlow news, July 15, according to CoinDesk, the Linux Foundation officially announced the establishment of the x402 Foundation. The protocol was created and donated by Coinbase in May 2025 and has now been transferred to a formal governance structure, with a total of 40 members. Core members include Visa, Mastercard, American Express, Stripe, Ripple, Google, AWS, Cloudflare, Circle, as well as Solana, the Stellar Foundation, etc.
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