The first wave of agentic payments is already here: agents buying data, paying for API calls, and settling tiny transactions in real time. But payments are only the visible layer. As agents become economic participants, they need ways to hold value, request authority, create receipts, follow policy, and settle transactions. That is the operating layer for the agentic economy. http://www.circle.com/current/beyond-agentic-payments-the-operating-layer-for-the-agentic-economy(Circle)