Report: Crypto Becoming the Default Payment Layer for AI Agents, 98.6% Settled via USDC

icon MarsBit
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
AI summary iconSummary

expand icon
AI and crypto news highlights that crypto rails are becoming the default payment layer for AI agents, according to a Keyrock report. Over 17.6 million blockchain transactions were executed in the past year, totaling more than $73 million. Most payments are under 30 cents, with many stablecoin transfers costing less than a fraction of a cent. Crypto news notes that 98.6% of these payments use USDC, enabled by Coinbase’s x402 protocol for direct on-chain transactions. Major companies such as Stripe and Google are developing infrastructure for machine-to-machine payments.

According to Huoxing Finance, on May 24, Keyrock’s latest report revealed that crypto rails are increasingly becoming the default payment layer for AI agents. Over the past year, AI agents have completed over 176 million transactions on blockchain networks, with a settlement value exceeding $73 million. As AI agents begin autonomously purchasing data, cloud computing power, API services, and AI inference resources, traditional card payment systems are struggling to accommodate high-frequency, ultra-low-value transactions. Currently, approximately 76% of agent payments are under 30 cents, while the cost of some on-chain stablecoin transfers is just a fraction of a cent. Coinbase, Stripe, Google, and Visa have all begun investing in machine-to-machine payment infrastructure. Notably, Coinbase’s x402 protocol enables AI agents to directly pay for on-chain analytics and cloud services using USDC. Data shows that 98.6% of AI agent payments are settled via USDC. The report suggests this further solidifies Circle’s pivotal role in crypto payments, but also indicates growing industry dependence on a single stablecoin issuer.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.