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CoinWorld Network, April 3rd news, Coinbase has partnered with the Linux Foundation to launch the x402 Foundation, aimed at managing the x402 payment standard through an open governance model. This standard allows websites and APIs to directly request and receive payments during normal HTTP interactions, creating a native payment layer for the web. As the original creator of the protocol, Coinbase has contributed the technology to the Linux Foundation to ensure neutral development. Coinbase and Base remain the founding participants.