Ripple Joins x402 Foundation to Advance XRP, RLUSD Agentic Payments on XRPL

52 mins ago

Managing Editor (News)

Expertise : Crypto, Stocks, Tokenization, AI, Prediction Markets, Crypto Regulation

Boluwatife Adeyemi is a well-experienced crypto news writer and editor with a focus on macro topics, crypto policy and regulation and the intersection between DeFi and TradFi. He has a knack for simplifying the most technical concepts and making them easy for crypto newbies to understand. Boluwatife is also a lawyer, who holds a law degree from the University of Ibadan. He also holds a certification in Digital Marketing. Away from writing, he is an avid basketball lover, a traveler, and a part-time degen.

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Ripple Joins x402 Foundation To Advance Agentic Payments

In an X post, the crypto firm announced that it has joined the Foundation as a Premier Member. “As AI agents begin to take on more of the transaction lifecycle, they’ll need a way to pay that’s as fast and reliable as the way they already exchange data,” Ripple said.

The firm further highlighted how it has helped build that future on the XRP Ledger with the tools and infrastructure developers need to enable agentic payments. This includes support for x402, enabling AI agents to pay with XRP and RLUSD.

As CoinGape reported earlier, Ripple launched the XRPL AI Starter Kit in June, enabling agentic payments with XRP and RLUSD. Meanwhile, Ripple-backed t54.ai recently launched the XRPL AI hub with support from Ripple developers and the XRPL Foundation.

The XRPL is already seeing a rise in agentic payments on the network since the addition of support for the x402 protocol. The XRPL Foundation recently announced that the network had crossed 1 million agentic transactions.

Operational Launch Of The Foundation

Ripple’s announcement came as the Linux Foundation announced the operational launch of the x402 Foundation and the completed contribution of the x402 protocol by the top crypto exchange, Coinbase. Linux added that the Foundation is now fully active under the formal open governance to steward the x402 protocol.

“Under the neutral governance of the Linux Foundation, the x402 Foundation will allow developers, financial institutions, cloud providers and other community members to collaboratively shape the protocol’s development,” the release read.

Other premier members alongside Ripple include Adyen, Amazon Web Services (AWS), American Express, Circle, Cloudflare, Coinbase, Fiserv, Google, Mastercard, Monad Foundation, MoonPay, Shopify, Solana Foundation, Stellar Development Foundation, Stripe, and Visa.

Meanwhile, general members include crypto firms like Injective, Near Foundation, Polygon Labs, and Trump-backed World Liberty Financial. Associate Members include BSV Association, Cardano Foundation, Casper, Japanese Contents Blockchain Initiative, and OMA3.

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.