
Circle CEO: Arc will power AI-agent payments
- —Circle issues and redeems $150 billion in stablecoins per quarter
- —Arc launched its public mainnet on September 16
- —11 firms including BlackRock, Visa and Mastercard are founding validators
- —Allaire conceded that no one has a lasting moat
Why it matters: Circle is betting on AI-agent payments as the next driver of demand for USDC and its own blockchain.
Source: TokenPost