Circle CEO Jeremy Allaire Publishes Agentic Economy Treatise on July 13, Arguing AI Agents and Blockchain Form Single System

On July 13, 2026, Circle CEO Jeremy Allaire published "The Agentic Economy: The Convergence of Intelligence and the Economy," arguing that the AI agent economy and on-chain economy are not separate tracks but components of a single unified economic system. The treatise proposes that foundation models for cognition and blockchain networks for settlement together create a platform shift comparable to the web or mobile.

The publication coincides with major infrastructure deployments. MetaMask, Coinbase, OKX, and BNB Chain each launched dedicated AI agent payment infrastructure in the preceding four weeks. Circle's Agent Stack, announced in May 2026, introduced nanopayments and programmable agent wallets built on USDC. Analysts project the agentic commerce market at $3 trillion to $5 trillion by 2030.