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AI agents gain specs for payments and hiring, but trading protocol is missing

Circle has released the Machine Payments Protocol (MPP) specification for USDC, enabling agents to make payments using HTTP 402 and EIP-3009 authorizations. This protocol is part of Circle's broader Agent Stack initiative and already supports USDC-backed derivatives. Concurrently, ERC-8183, or "Agentic Commerce," has been proposed and partially implemented to standardize machine hiring, where agents lock budgets in escrow and await deliverable verification before funds are released. While specifications for machine payments and hiring are emerging, a standardized protocol for machine trading remains absent, presenting a significant challenge due to the inherent simultaneity and asset exchange risks involved. AI

IMPACT Emerging standards for AI agent payments and hiring could streamline autonomous transactions and task execution, though a trading protocol is still needed.

RANK_REASON The item details emerging specifications and standards for AI agent interactions, specifically focusing on payments and hiring, which falls under research and development in AI infrastructure. [lever_c_demoted from research: ic=1 ai=1.0]

Read on dev.to — MCP tag →

AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

AI agents gain specs for payments and hiring, but trading protocol is missing

COVERAGE [1]

  1. dev.to — MCP tag TIER_1 English(EN) · Baris Sozen ·

    AI agents have a spec for paying and a spec for hiring. The spec for trading is missing.

    <p>On June 23, Circle published the official USDC specification for the Machine Payments Protocol. The mechanics are elegant: an agent calls an MPP-enabled endpoint, the server answers with HTTP 402 Payment Required, the agent signs an EIP-3009 USDC authorization and retries, and…