Kite and Circle to build payment system for AI agents on Arc
- —Kite Seller Console and Agent Passport set prices, deadlines and spending limits
- —USDC payments go through escrow after service confirmation
- —Circle provides the Arc L1 network as the settlement layer
Why it matters: It expands the use of USDC and Arc in the agent economy, creating new demand for stablecoin settlements.
Source: Bloomingbit