TRM: only 0.6–7.5% of x402 payments come from AI agents
- —198.9 million x402 transactions worth $52.7 million analyzed since May 2025
- —After filtering, $25.62 million remained, with agents accounting for 0.6–7.5%
- —99.6% of payments were made in the USDC stablecoin
- —Agent payment volume is only $5,000–$11,000 per month
Why it matters: Real demand for AI-agent crypto payments remains minimal, cooling hype around the narrative.
Source: CoinDesk Japan