Hassan Maishera
On Wednesday, the Injective team announced via X that Injective is now a core member of the Linux x402 Foundation, which includes members from Stripe to Coinbase.
x402 is already live on Injective, where applications and AI agents can pay for online services in $USDC and settle each payment in a single block.
Injective also provides a next-generation, highly interoperable smart contract platform based on Wasm 2.0, with advanced interchain capabilities. Injective utilizes a custom implementation of the Tendermint Proof-of-Stake consensus mechanism, providing instant transaction finality with lightning speed – sub-second block times (0.6s) while sustaining enormous throughput (25,000+ TPS). Injective is currently also leading new forms of innovation across a number of verticals, such as its pioneering work to integrate artificial intelligence with on-chain finance.
Injective has achieved a historic milestone of over 1 billion transactions to date, with one of the fastest chains built to date. The Injective ecosystem includes 100+ projects and over 500,000 community members globally. Injective was originally incubated by Binance and is also backed by a group of prominent investors, including Pantera Capital, Jump Crypto, and Mark Cuban.
Injective is an open, interoperable layer-one blockchain for building powerful DeFi applications. Injective uniquely provides plug-and-play financial infrastructure primitives, such as a high-performance on-chain decentralized exchange infrastructure, decentralized bridges, oracles, and a composable smart contract layer with CosmWasm. INJ is trading at $5.53, up 0.11% in the last 24 hours.
