Choosing April 2nd to launch an open payment alliance around the x402 protocol with the x402 Foundation—@coinbase really put some thought into this move. There’s a pattern in the history of open-source protocols: the standards that truly become foundational infrastructure are never dominated by a single company. HTTP wasn’t, SSL wasn’t, Linux wasn’t, and TCP/IP certainly wasn’t. When Coinbase actively replicates the diffusion paths of those successful protocols, hands over governance rights, and invites the entire industry to build together, the expectation of x402 being adopted by TradFI mainstream and advancing rapidly in the Crypto space shifts significantly. BTW, it seems like the recent emergence of the MPP (Machine Payment Protocol), a protocol similar to x402 jointly incubated by @paradigm and @stripe, has definitely put some pressure on Coinbase...