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      Circle Promotes USDC as Preferred Currency for AI Agents

      Circle's Chief Commercial Officer, Kash Razzaghi, recently highlighted the growing role of autonomous software agents as a new customer segment that predominantly utilizes USDC, a stablecoin issued by Circle. During an appearance on the NYSE/ICE House Podcast on October 12, 2026, Razzaghi emphasized that these AI agents favor USDC due to its programmability, low transaction costs, and 24/7 availability, which align with their operational needs.

      As of mid-October 2026, Circle reported that USDC accounted for 99-99.8% of the transaction value on the x402 protocol, a payment standard tailored for these AI-driven transactions. The company noted that it has facilitated approximately 165 million transactions involving around 80,000 agents, indicating a significant uptake of USDC in this emerging market.

      Circle's recent launch of the Agent Stack, a suite of tools designed for AI agents, includes features such as Agent Wallets, an Agent Marketplace, and nanopayments, which enable efficient machine-to-machine commerce. Razzaghi's comments suggest that Circle aims to position USDC as the default settlement asset within what it terms the 'agentic economy,' although the concentration of transaction value on a single stablecoin raises questions about market diversity.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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