Kakao Pay Joins 'x402 Foundation'... "Leading the Future of Agentic AI"
Kakao Pay announced on April 6 that it has joined the 'x402 Foundation,' launched by the Linux Foundation, as a founding member.
Through this participation, the company plans to rapidly grasp global AI payment standards and the latest technology trends and, based on this, solidify its technological leadership in the next-generation digital payment sector. In particular, it expects to maximize payment convenience in future agentic AI environments, thereby providing users with innovative experiences. Kakao Pay is currently forming a task force with Kakao and KakaoBank to respond to the outlook for the digital asset ecosystem.
'x402' is a next-generation web payment protocol led by Coinbase, the largest cryptocurrency exchange in the United States. It is a technology that directly integrates payment functionality into web interactions, enabling instant on-chain payments. Designed to allow 'value' to be transacted as seamlessly as data is exchanged between AI agents, APIs, and applications, it is gaining attention as a core infrastructure for agentic AI to automatically perform stablecoin payments.
The newly established 'x402 Foundation' is operated under the leadership of the nonprofit Linux Foundation. Its goal is to establish 'x402' as a neutral open source independent of any specific company, thereby ensuring transparency and interoperability as a global payment standard.
The foundation includes a wide range of leading global companies in the blockchain, payment network, and commerce industries, starting with Coinbase, which provided the protocol, as well as Circle, Base, Solana, Google, Amazon Web Services (AWS), Microsoft, Visa, Mastercard, Stripe, and Shopify. In South Korea, Kakao Pay is the only company to be named as a founding member.
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Kakao Pay stated, "It is significant not only for the symbolism of being the first Korean company to participate in the founding of a global AI payment standard, but also as it brings us a step closer to leading the future of agentic AI based on technological advancement and market accessibility. Moving forward, we will continue to build a user-centered payment ecosystem unconstrained by borders and time, and as a leading fintech company representing Korea, we will work together to create global standards."
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