DeFi· ★★★· neutral·

TRM Labs: Real AI agent payments only $5K–$11K per month

  • x402 has processed $52.7 million and 198.9 million payments since May 2025
  • Cleaned data cuts the total to $25.6 million
  • Real AI agent activity is estimated at 0.6–7.5% of transactions
  • USDC accounted for 99.6% of x402 volume at $52.47 million
Why it matters: The data shows AI agent payments are not yet a meaningful revenue driver for blockchains, even as BlackRock bets on stablecoins as the backbone of a machine-native economy.
Source: TokenPost