A report says Agents ran 6.4 million transactions, and a staggering 90.8% incurred fees of less than one cent.

Traditional card payments charge per transaction, while AI pays per call. If each call costs a cent but the fee is ten cents, the math simply doesn’t work. What it needs isn’t lower costs—it’s sub-second settlement and session-based passports.

Kite’s mainnet Passport gives Agents passes with spending limits, without ever needing to touch private keys. PayPal Ventures didn’t lead the round just to hear a good story. When one cent can keep an Agent running, that’s when the infrastructure is truly working.

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