Kite and Circle collaborate on agent service transactions via Arc and USDC

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On-chain news from September 18 reveals that Kite has partnered with Circle to enable agent service transactions on the Arc mainnet, using USDC for settlement. The collaboration encompasses service discovery, pricing, agreements, delivery verification, and payment. Kite’s Seller Console and Agent Passport streamline the process, allowing sellers to define terms and buyers to set spending limits. Funds are held in escrow until delivery is confirmed. The system has passed testnet validation, with live integration currently underway. Crypto news outlets such as MarsBit reported the development, highlighting Arc’s role in payment settlement and Kite’s management of agreements.

Huo Xing Cai Jing reports that on September 18, following the official launch of Circle’s Arc mainnet, Kite stated it is collaborating with Circle to explore agent-to-agent service transactions on Arc, covering service discovery, quoting, transaction agreements, delivery verification, and USDC payment settlement. Kite is building a transaction flow for buyers and sellers through the Kite Seller Console and Kite Agent Passport, enabling sellers to set service prices, delivery timelines, and acceptance criteria, while buyers can authorize payments within predefined spending limits, with escrow mechanisms linking delivery to settlement. Kite manages the service agreement and delivery process, while Arc provides the payment settlement network. The transaction flow has already been validated on the Arc testnet, and integration efforts are ongoing.

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