Who Pays the Agent? (Keyrock x Coinbase Report)
Research report analyzing on-chain AI-agent payments, finding agents settled roughly $73M across about 176M transactions over twelve months with USDC dominant.
Overview
'Who Pays the Agent?' is a research report from Keyrock produced with Coinbase, Tempo, and Virtuals Protocol, analyzing on-chain AI-agent payment activity from roughly May 2025 to April 2026. Its headline findings (as reported by the authors and covered by CoinDesk and others): AI agents settled over $73M across ~176M on-chain transactions, with USDC accounting for ~98.6% of usage and average transaction sizes around $0.31-$0.48. The report flags concentration risk from heavy reliance on a single stablecoin. These figures are the report's own findings, presented as reported, not independently verified.
Details
- Chains
- Multichain
- Open source
- Unknown
- Pricing
- Free
- Last checked
- 2026-06-10
Marketplace Signals
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Verification status reflects evidence reviewed by Sato Hub. Self-reported claims are never presented as verified.
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