COINBASE ANNOUNCES X402 FOUNDATION WITH CLOUDFLARE

Summary from the TLDR Crypto newsletter

x402, the open standard for onchain agentic commerce created by Coinbase, will become controlled by an independent foundation called the x402 Foundation. The foundation will be co-founded by Coinbase and Cloudflare – one of the largest internet infrastructure providers who recently announced an agentic pay-per-crawl option for websites – with more partners to be announced soon. Creating a foundation is a significant step toward making the standard truly open and neutral and achieving the same relevance and scale as HTTP or DNS.