Simply put
- MoonPay has launched the MoonAgents Card, a virtual Mastercard debit card that allows AI agents to spend stablecoins directly from their virtual currency wallets at online Mastercard merchants.
- The card converts cryptocurrencies to fiat upon purchase without the need for pre-loaded administrative funds, and users can revoke agent spending access at any time.
- Currently, the card is available to residents in the UK and Latin America, but will be expanded to the US and EU in the coming months, and will require identity verification for issuance.
Cryptocurrency payment provider MoonPay announced on Friday that it has created a virtual debit card. AI agent— An autonomous software program that can act on your behalf — You can use stablecoins to make purchases at online merchants that accept Mastercard.
The product, called the MoonAgents Card, converts cryptocurrencies into fiat upon purchase, removing a step that can hinder the transition from decentralized finance to everyday commerce. (Disclaimer: MoonPay Ventures Dastan investorsthe parent company of editorially independent companies decryption. )
“Agents are already managing wallets, executing transactions, and moving value on-chain,” MoonPay founder and CEO Ivan Sotorite said in the article. statement. “The only thing they couldn’t do was spend money at merchants. Now they can do that.”
The card is being launched through a partnership with Monavate, a regulated payments infrastructure provider, and Exodus, a self-custody wallet company. The announcement reflects a broader push by fintech companies to build financial plumbing fit for a future where AI systems, not just humans, initiate and complete transactions.
Unlike some competing products that require users to pre-load funds into a custodial account before spending, MoonAgents Card allows agents to spend directly from their on-chain wallet at the moment of the transaction. Control of the wallet is never transferred and users can revoke agent access at any time.
JP Richardson, co-founder and CEO of Exodus, said in a statement: “AI agents will be running transactions at machine speed against millions of merchants all the time. Exodus has spent 10 years building self-custodial wallets for people.” “MoonAgents Card extends that infrastructure to agents, allowing them to make payments directly from their on-chain wallets. The wallets and cards that power that future will be completely different from anything that exists today. And we’re building for that future.”
The company said there is significant momentum around developer tools. MoonPay CLI, the command line interface that powers the product, has processed over 4 million tool calls since its launch. The first million doses took 30 days, and the second million took just seven days.
The card is currently available in the UK and Latin America, with plans to expand to the US and European Union in the coming months. Identity verification is required to issue a card.
