AI Agents Spending Money Online? New Research Says Not Really
60-second summary
TRM analyzes about $52.7 million in 198.9 million settlements processed via the x402 protocol, finding that the majority of spending is not driven by AI agents. The study highlights that automated bots account for only a small fraction of transactions, suggesting human users still dominate online purchases and indicating limited immediate impact on fintech revenue streams.
TRM examined roughly $52.7 million across 198.9 million settlements using the x402 protocol. Most of it isn’t coming from AI agents, it says.