Coinbase and Cloudflare Launch x402 Foundation to Transform AI Payments

Coinbase and Cloudflare have announced the launch of the x402 Foundation, aimed at establishing a new standard for AI-driven payments. This initiative seeks to revitalize the HTTP 402 'Payment Required' code, enabling seamless machine-to-machine transactions across the internet. With Cloudflare's infrastructure supporting nearly 20% of websites, this development could significantly enhance the efficiency and security of digital commerce, marking a pivotal moment in the integration of AI and cryptocurrency.