PANews, May 24: According to Coindesk, a recent report by industry firm Keyrock indicates that traditional payment channels are poorly suited for low-value, high-frequency machine payments, with blockchain-based crypto rails gradually becoming the default payment medium for AI agents. Data shows that over the past year, on-chain transactions related to AI agents reached 176 million, with a settlement value exceeding $73 million. Machine payment settlements remain highly concentrated, with 98.6% of transactions settled using the USDC stablecoin—solidifying the issuer’s market position while creating potential risks from single-currency dependency. Major tech and payment giants including Google, Visa, and Coinbase are actively developing dedicated machine payment infrastructures to compete in this emerging market.
Blockchain becomes the default payment layer for AI agents, with stablecoins dominating machine-to-machine transactions.
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Summary
Blockchain news highlights growing momentum in AI + crypto as machine-to-machine payments transition to on-chain systems. A Keyrock report reveals 176 million AI agent transactions on-chain over the past year, totaling over $73 million. USDC accounts for 98.6% of these payments, raising concerns about reliance on a single cryptocurrency. Google, Visa, and Coinbase are developing machine payment frameworks to capture this emerging segment.
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