Agentic commerce is coming—and the battle to build its infrastructure is on

Good morning. How do you plan to move your company’s money when AI agents start doing the buying and selling for you? And how can you make sure that agentic commerce is accurate, compliant, fast, and smart? A year after the GENIUS Act passed, a wave of new stablecoins, platforms, and partnerships point to how the ecosystem is taking shape. The most compelling scenario I’ve seen so far comes from Circle CEO Jeremy Allaire, who last week published an 18,500-word treatise called The Agentic Economy. (There are several iterations available, including a 60-second version.) He argues that the “planetary nervous system for information” must now be matched by a “circulatory system for value.” If AI is the new operating system for intelligence, blockchain is the new operating system for the economy