Injective has become a core member of the x402 Foundation, the Linux Foundation-governed body setting the standard for AI agent payments, joining a roster that includes Visa, Mastercard, Google, AWS, Stripe, Coinbase, and Circle.
The x402 protocol turns a dormant HTTP status code — 402 Payment Required — into a live payments standard that lets AI agents pay for services per-use without accounts, cards, or human approval. Coinbase built the protocol and handed it to the Linux Foundation in April, and the foundation's operational launch on July 14 formalized governance with 40 member companies across payments, technology, and blockchain.
"Injective's inclusion in the x402 Foundation places it alongside the most important infrastructure providers in payments and AI," a person familiar with the foundation's membership structure said. "The standard is being designed to work across any settlement network, and having a blockchain-native member at the table ensures that decentralized settlement rails are part of the conversation from the start."
Injective is a Layer-1 blockchain built for DeFi, supporting spot and derivatives trading, cross-chain messaging, and tokenized real-world assets. Its membership in the x402 Foundation follows a broader push by blockchain networks to position themselves as settlement layers for the emerging AI agent economy. The XRP Ledger, through Ripple's Premier Membership in the same foundation, has already processed more than 1 million agent payments since early July, each costing a fixed 0.0002 XRP in fees.
The x402 Foundation's membership is structured in tiers, with Premier Members including Visa, Mastercard, Stripe, American Express, Google, Amazon, and Ripple. Injective joins at the core member level alongside Coinbase, Circle, and other blockchain and payments firms. The foundation's mandate is to maintain x402 as a neutral, open standard — no single company controls how software pays software.
For Injective, the membership provides a direct channel into the standards body that will define how AI agents transact across the internet. The INJ token, which powers transaction fees, staking, and governance on the Injective chain, could see increased utility if agent activity migrates onto the network. As of July 15, INJ traded at $16.82, up 4.2% over 24 hours, according to CoinGecko data.
The AI agent payments market is still in its earliest stages. Coinbase's Base network has handled more than 119 million x402 payments, and Solana about 35 million, both with a year's head start. Injective's bet is that its specialized DeFi infrastructure — sub-second finality, gas fees under $0.01, and native interoperability with Ethereum, Cosmos, and Solana — makes it a natural home for agents that need to move value across chains.
This article is for informational purposes only and does not constitute investment advice.