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MoonPay Launches Debit Mastercard That Lets AI Agents Pay With Stablecoins
TL;DR
MoonPay has launched the MoonAgents Card, a virtual Mastercard debit card that allows AI agents to spend stablecoins directly at online merchants. The card converts crypto to fiat at the point of purchase and is currently available in the U.K. and Latin America, with plans to expand to the U.S. and EU soon.
Key points
- MoonPay launched the MoonAgents Card for AI agents
- Card allows spending stablecoins at online Mastercard merchants
- Converts crypto to fiat at the point of purchase
- Currently available in the U.K. and Latin America
- Expansion to the U.S. and EU planned
Mentioned in this story
MoonPayU.K.Latin AmericaU.S.EU
MoonAgents CardAI agents
In brief
- MoonPay launched the MoonAgents Card, a virtual Mastercard debit card letting AI agents spend stablecoins directly from crypto wallets at any online Mastercard merchant.
- The card converts crypto to fiat at the point of purchase without requiring pre-loaded custodial funds, and users can revoke agent spending access at any time.
- Currently live in the U.K. and Latin America, the card will expand to the U.S. and EU in the coming months, requiring identity verification to issue.
Crypto payments provider MoonPay announced Friday that it has created a virtual debit card allowing AI agents—autonomous software programs that can act on behalf of users—to make purchases using stablecoins at any online merchant that accepts Mastercard.
The product, called the MoonAgents Card, converts crypto to fiat currency at the point of purchase, removing a step that can impede the move from decentralized finance to everyday commerce. (Disclaimer: MoonPay Ventures is an investor in Dastan, parent company of an editorially independent Decrypt.)
"Agents are already managing wallets, executing trades, and moving value on-chain,” said MoonPay founder and CEO Ivan Soto-Wright, in a statement. “The one thing they couldn't do was spend at a merchant. Now they can.”
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 suited for a future in which AI systems, not just humans, are initiating and completing 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 an on-chain wallet at the moment of the transaction. Wallet custody is never transferred, and users can revoke agent access at any time.
"AI agents are going to transact constantly, at machine speed, across millions of merchants. Exodus has spent a decade building self-custodial wallets for people," said Exodus co-founder and CEO JP Richardson, in a statement. "MoonAgents Card extends that infrastructure to agents, letting them spend directly from an on-chain wallet. The wallets and cards that work for that future look nothing like what exists today—and we're building for that future."
Q&A
What is the MoonAgents Card by MoonPay?
The MoonAgents Card is a virtual Mastercard debit card that enables AI agents to spend stablecoins at online merchants, converting crypto to fiat at the point of purchase.
Where is the MoonAgents Card currently available?
The MoonAgents Card is currently live in the U.K. and Latin America, with plans to expand to the U.S. and EU in the coming months.
How does the MoonAgents Card work for AI agents?
The card allows AI agents to make purchases using stablecoins without needing pre-loaded custodial funds, and users can revoke spending access at any time.
