AI Agent Payments Reach 258.5 Million Transactions, Arthur Hayes Announces FLOP Concept

The cumulative transactions of the AI agent payment experiment have reached 258.5 million. Arthur Hayes, CEO of Flop Labs, announced the payment unit concept 'FLOP' based on computational tasks. According to CoinGape, a total of 258.5 million agent payment transactions have been processed on x402 and MPP. x402 is a payment method utilizing the HTTP 402 status code, while MPP is a protocol for machine-to-machine payments. Hayes mentioned that while the agent economy is growing rapidly, it lacks its own payment network, indicating the necessity for FLOP. The proposed structure assumes an environment where AI agents perform service exploration, API calls, data purchases, and task executions without human approval. FLOP sets computational tasks as the standard for the payment system, where agents purchase computations with FLOP and store memories in a decentralized network. The FLOP network yellow paper defines this as a 'validated inference' settlement layer, where agents request computations, and miners perform and settle the tasks. The document classifies agents as computational consumers and miners as inference executors. The FLOP network was publicly released in draft form as of September 5, with the FLOP airdrop planned for Q4 2026 and network launch scheduled for 2027.

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