Jeremy Allaire on agentic commerce
From CRCL live AMA with CEO Jeremy Allaire · · Circle
“My own view is that the volume of transactions conducted by agents will far far exceed the volume of transactions conducted by traditional let's just call it point-and-click types of applications and agents will intermediate a greater and greater deal a greater and greater degree of economic activity. But I also would say that the model itself is going to shift where a lot of times people think agentic commerce they think hey I have an agent it's going to go buy my thing on buy my groceries or book me a car or that kind of stuff and that may well be true. The much more interesting problem in my view and a thing that we're very focused on is that agents become economic actors. Agents as a service becomes a fundamental business model. There was software as a service. Now there's agents as a service.”
On , Jeremy Allaire, CEO & Co-Founder at Circle, spoke about agentic commerce during CRCL live AMA with CEO Jeremy Allaire on Circle.
About Jeremy Allaire
In recent appearances, Jeremy Allaire has emphasized the growth and adoption of Circle’s USDC stablecoin, stating that according to third-party data, USDC accounted for about 80% of dollar digital currency transactions in the first quarter of 2026, with nearly $30 trillion in on-chain transactions. He described USDC as a "free public utility on the internet" and noted that companies including Meta and DoorDash have adopted it. Allaire also discussed the launch of ARC, which he called an "economic operating system" designed for AI agents, and announced the presale of $220 million in ARC tokens with participants including Apollo, BlackRock, and Standard Chartered. He argued that stablecoins are becoming "approved and usable in the core guts of the financial system" and that the technology enables "full reserve banking" as opposed to fractional reserve banking. Allaire has also addressed regulatory developments, expressing support for market structure legislation and describing it as "critical" for unlocking capital market activity. He cited Circle’s work during the COVID-19 pandemic distributing aid to healthcare workers in Venezuela via digital dollars, and a program with the United Nations High Commissioner for Refugees for aid disbursement. On competition, Allaire stated that the track record of consortium coins and new dollar stablecoins is that "none of them have worked," attributing this to strong network effects and high regulatory barriers. He characterized the mainstreaming of cryptocurrency on Wall Street as "tremendous validation" of the original vision for a new internet infrastructure layer for value and financial contracts.