Search results for Machine Payments Protocol
AI & Enterprise
Big Tech AI alliances reshuffle as agent payments evolve
OpenAI has revised its partnership agreement with Microsoft, allowing it to offer its models on cloud services beyond Microsoft Azure, with Amazon Web Services moving to provide OpenAI models through its Bedrock platform. Some AWS customers are reported to be unenthusiastic, saying existing Bedrock models are sufficient. Competition is also intensifying over technologies for AI agent payments, including OKX’s Agent Payments Protocol and Stripe’s Link wallet. The article rounds up related moves by global and Korean firms.
Crypto
OKX unveils Agent Payments Protocol APP to rival Coinbase x402 and Stripe
Crypto exchange OKX has unveiled an open standard for payments dedicated to AI agents called the Agent Payments Protocol, or APP. It follows Coinbase-incubated x402 and Stripe\'s Machine Payments Protocol. OKX said APP is designed to handle a full business cycle, including quotes, negotiation, escrow, metering, settlement and dispute resolution. It is designed to work across chains including Solana and Ethereum and integrates an agentic wallet.
Crypto
x402 agent payments protocol moves under Linux Foundation, KakaoPay joins governance
The Coinbase-backed agent payments protocol x402 has been transferred to the Linux Foundation. Under the arrangement, the 402 Foundation will manage and operate x402 within the Linux Foundation. Participants in the governance structure include Amazon Web Services, American Express, Ant International, Base, Circle, Google, KakaoPay, Mastercard, Microsoft, Polygon Labs, Shopify, the Solana Foundation and Visa. The x402 Foundation said it will run x402 on neutral principles under Linux Foundation governance.
