Crypto payments firm MoonPay has unveiled a groundbreaking solution known as MoonPay Agents, designed to facilitate seamless transactions in digital assets through a non-custodial infrastructure layer. This innovation allows AI Agents to create, fund, and manage wallets, executing transactions autonomously without ongoing human involvement. Built on MoonPay’s developer-centric command-line interface, the MoonPay CLI, this product extends the company’s established fiat-to-crypto payment capabilities into the realm of autonomous software systems.
Under MoonPay’s structured model, users undergo a one-time identity verification process and can subsequently fund their wallets through a streamlined checkout. Once this initial step is completed, AI agents are empowered to trade, swap, and transfer digital assets on behalf of the user, thereby automating the transaction process. Notably, the wallets generated through this system are non-custodial, meaning they are stored on the user’s device rather than being held by MoonPay.
CEO Ivan Soto-Wright emphasized the significance of this development, stating, “AI agents can reason, but they cannot act economically without capital infrastructure. MoonPay is the bridge between AI and money.” The new offering includes features such as support for recurring purchases, cross-chain swaps, and compatibility with the x402 standard, which is increasingly seen in machine-to-machine payments.
For services necessitating Know Your Customer (KYC) verification, users need to complete this process only once, after which agents can transact within the outlined permissions indefinitely. Furthermore, the AI agents can also liquidate holdings back into fiat currency as needed.
Founded in 2019, MoonPay has enjoyed rapid growth, currently serving over 500 enterprise clients and boasting a user base of 30 million worldwide, primarily through its fiat-to-crypto on-ramps and stablecoin technologies. The introduction of MoonPay Agents positions the firm at the forefront of the emerging concept known as the Agent Economy. As demands for compliant infrastructure grow, MoonPay seeks to bridge the gap between traditional financial systems and emerging autonomous applications.
This development is part of a wider industry trend, with other players like Coinbase offering tools for AI agents to manage wallets, Stripe adding support for USDC-based agent payments, and startups like deBridge constructing non-custodial cross-chain execution environments. Collaborations between OpenAI and Paradigm for AI tools related to smart contract security further highlight the confluence of artificial intelligence and blockchain finance.
As Ethereum developers continue to embrace this agentic economy concept, the emergence of AI-driven Web3 applications is likely to accelerate. MoonPay’s strategic positioning suggests a clear understanding of the intersection between AI systems and capital requirements, laying the groundwork for connected financial strategies in the evolving landscape of digital finance.
