x402 tracking address settlements 196,471,800 cases… distinguished from AI purchases

x402 cumulative settlement activity reached 196,471,800 transactions worth $42,352,879 (about 56.9 billion won) as of 1:29 p.m. KST on the 3rd, according to Agent Economy's tracked-address data covering 18 payment processors across 12 chains. The tracker counts only transactions visible from tracked addresses and is not an exhaustive tally of all x402 activity, and the on-chain settlement records cannot be equated with actual AI agent service purchases. The simple average settlement value per transaction is about $0.22 (roughly 300 won), though this does not represent the median payment or the actual price of a single purchase. x402 is a protocol in which web services present payment terms via the HTTP 402 status code. It matters because the figures offer a first window into machine-to-machine payment flows, but the gap between settlement records and genuine AI purchases means the numbers should be read as an activity proxy rather than a demand measure. What to watch next is whether broader coverage of processors and chains narrows that gap and whether per-transaction values stabilize as real AI-agent purchasing scales.