Circle CEO Jeremy Allaire Outlines Agentic Economy Framework, Uniting AI Agents and Blockchain

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According to Circle CEO Jeremy Allaire, the company recently published a thesis titled 'Agentic Economy' outlining how AI agents and blockchain form components of a single new economic system. Allaire proposed a three-layer framework: the base monetary layer, where stablecoins serve as accounting units and settlement mechanisms; the middle operating layer, where programmable smart contracts enable coordination and value exchange; and the top execution layer, where AI and cloud computing complete actual work. The CEO contends that AI provides 'machine intelligence and labor,' while blockchain, stablecoins, and smart contracts provide 'machine-readable property rights, payments, settlement, and credit,' enabling AI agents to independently participate in economic activities.
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