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
