Circle has committed to deeply investing in the X402 protocol over the next 3 to 5 years, establishing it as the underlying settlement solution for AI agent payments. This move covers Circle's $74 billion stablecoin volume, providing payment infrastructure for the entire agent economy.

From market performance, Virtual's market cap is currently $467 million, down 72% from its all-time high, but it still generates $1.7 million in monthly revenue, which fully demonstrates its practical application demand within the agent economy. Magic has allocated $34 million in a similar direction, also integrating into the X402 payment track.

This trend reflects that, with the explosion of AI agent applications, the entire ecosystem needs a unified and efficient payment settlement layer. The X402 protocol is gradually becoming this role, and the improvement of infrastructure layers will promote the further maturity of the agent economy.