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Industry

MoonPay and Mastercard Team Up for AI-Powered Onchain Spending 

MoonPay’s new virtual Mastercard allows AI agents to execute real-world transactions directly from self-custodial wallets with real-time on-chain settlement.

Written By:
Isha Chavda

Reviewed By:
Divya Mistry

Last updated: May 2, 2026 2:36 PM
Published 2026-05-02
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MoonPay and Mastercard Team Up for AI-Powered Onchain Spending 
Show AI Summary
MoonPay’s MoonAgents Card enables AI agents to spend stablecoins at merchants worldwide, expanding decentralized finance’s reach.
The card’s launch bridges traditional payment infrastructure with onchain wallets, potentially disrupting global commerce.
MoonPay’s innovation introduces new revenue streams and use cases for stablecoins, increasing their adoption and market value.

MoonPay has announced the launch of its new MoonAgents Card, a virtual Mastercard debit card designed to allow both users and autonomous AI agents to spend stablecoins directly from onchain wallets at merchants worldwide.

According to an update from MoonPay, the product marks a significant step in bridging decentralized finance with traditional payment infrastructure. The card is issued through Monavate, a regulated global payments provider and principal member of the Mastercard network.

AI agents gain real-world spending

The MoonAgents Card provides programmatic access, enabling AI agents to execute transactions directly from a user’s self-custodial wallet—without requiring pre-loaded balances or offchain transfers.

“Agents are already managing wallets, executing trades, and moving value onchain. The one thing they couldn’t do was spend at a merchant. Now they can,” said Ivan Soto-Wright, CEO and Founder of Moonpay.

Similarly, JP Richardson, CEO and Co-Founder of Exodus emphasized the broader implications, stating that AI-driven financial activity will operate “at machine speed” across global commerce, requiring new types of wallet and payment infrastructure.

How the card works and security measures

The system links a self-custodial crypto wallet to a virtual payment card via Monavate’s infrastructure. At the point of transaction:

  • A smart contract authorizes access to stablecoin balances (e.g., USDC)
  • Payment is processed through traditional card rails
  • Funds are pulled onchain in real time
  • If a transaction fails, funds remain in the wallet

Importantly, users retain full custody of their assets, and permissions can be revoked instantly.

MoonPay has introduced multiple safeguards to address concerns around AI-driven spending:

  • Spending caps can be set for agents
  • Instant card freeze functionality
  • Wallet unlinking to revoke access
  • Full transaction transparency and logs

The company emphasized that funds are never pre-loaded or held by third parties prior to a successful transaction.

Availability and developer access

The MoonAgents Card is currently available via MoonPay’s CLI tools in the UK and Latin America, with expansion to the U.S. and European markets planned in the coming months. Users must complete identity verification before accessing the service.

The launch builds on MoonPay’s broader AI-focused infrastructure, including its developer tools and agent frameworks designed to enable autonomous financial workflows. By combining blockchain infrastructure with established payment networks, MoonPay is effectively enabling a new model of programmable finance—one where AI agents operate with controlled autonomy in everyday transactions.

Also read: SBI and Visa Launch Card That Rewards BTC, ETH, XRP

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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TAGGED:Artificial Intelligence (AI)Mastercard
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By Isha Chavda
Isha Chavda is a Junior Writer at The Crypto Times and a B.Com (Hons) graduate with a background in commerce. She reports on crypto news and focuses on creating content that is clear, simple, and engaging for readers. With a strong interest in content creation, she enjoys staying updated with the latest trends and turning them into easy-to-understand stories. Her work combines effective communication to make crypto more accessible and relatable.  
Divya Mistry - Content Editor at The Crypto Times
By Divya Mistry
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Divya Mistry is a Sr. Content Editor with over 9 years of experience in news, PR, marketing, and research. Armed with a Master’s Degree in English Literature from the University of Mumbai, she specializes in crafting and refining long-form content across digital and print platforms. Over the years, Divya has contributed to and shaped content for leading brands across a range of industries, including real estate, healthcare, vertical transport, entertainment, lifestyle, education, EdTech, tech, and finance. Her research work has been featured on platforms like DNA India, Forbes, and Elevator World India. She now brings her editorial and research skills to explore the rapidly evolving world of cryptocurrency.

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