DeAI headlines

TradAI headlines


✨Feature✨

Circle's new blockchain keys off USDC prowess in agentic payments

Screen grab from Arc dashboard shows tickup in early traffic. (Arc Mainnet)

Circle, issuer of the dollar-pegged stablecoin USDC that has become the dominant currency for agentic payments, went live with its own blockchain on Wednesday, aiming to capitalize on its early lead in the white-hot arena of developing financial and commercial infrastructure for the AI era.

The launch puts Circle into competition with Coinbase-sponsored Base and Stripe-incubated Tempo, which have been vying for traffic from AI agents. Many analysts are predicting that blockchain rails could prove far better suited to handle AI-related payments than the traditional banking system, so the ultimate prize could be far greater than the current trickle of transactions by early users.

"The agentic economy and the onchain economy are not two different revolutions," Circle co-founder and CEO Jeremy Allaire said in a press release. "They are the same economy seen from two sides, and both need infrastructure that never closes, settles in under a second, and is trusted by the institutions that anchor the global financial system."

The blockchain launch will be closely watched since Circle's USDC represented 99.3% of x402 settlement volume as of July. Analysts including Shoal Research have noted that the dominance does not guarantee Circle will ultimately control where payments clear, as DeAI News reported in August.

Read the full story


HOW AI WAS USED IN THE PRODUCTION OF THIS PIECE: The author used Claude to help distill headlines, format and check facts.