MoonPay, a prominent player in the cryptocurrency payments and stablecoin infrastructure sector, has unveiled MoonPay Agents—a groundbreaking non-custodial software layer that enables artificial intelligence (AI) agents to autonomously access wallets and handle transactions. This innovation addresses a significant challenge in the digital economy: the limited capacity of AI to engage in financial activities due to restricted access to financial resources.
The firm emphasized that the role of artificial intelligence is evolving beyond answering inquiries to actively executing strategies and managing capital. However, many AI systems have been hindered in their ability to engage with financial assets. MoonPay Agents seeks to remove this barrier by establishing the necessary infrastructure for an agent economy, facilitating the complete cycle from funding and execution to converting back into fiat currency.
Ivan Soto-Wright, CEO and founder of MoonPay, articulated the company’s vision, stating, “AI agents can reason, but they cannot act economically without capital infrastructure. MoonPay is the bridge between AI and money. The fastest way to move money is crypto, and we’ve built the infrastructure to let agents do exactly that: non-custodial, permissionless, and ready to use in minutes.”
This new infrastructure leverages MoonPay CLI, the firm’s command-line interface designed for developers. This software enables AI systems to create and manage non-custodial wallets that are securely stored on users’ devices. The process begins with users completing Know Your Customer (KYC) verification and funding their agent’s wallet through MoonPay’s global on-ramps. Once these initial steps are completed, the AI agent gains the capability to independently trade, swap tokens, and manage digital assets automatically on the user’s behalf.
With a single installation of MoonPay CLI, users and developers can quickly set up a non-custodial wallet that allows AI agents to optimize crypto workflows. The product comes equipped with diverse financial functionalities:
- Virtual Accounts: Agents can directly receive bank payments in US, EU, or GBP accounts, and also accept funds via popular methods like Apple Pay, Venmo, or PayPal.
- Ramps: Users can transition seamlessly between fiat and cryptocurrency directly from the terminal.
- Recurring Buys: Automated purchasing schedules ensure agents maintain adequate funds to operate efficiently.
- x402 Compatibility: The system supports machine-to-machine payments across compatible platforms with no need for human intervention.
- Swaps and Trading: Agents can perform real-time cross-chain swaps and engage in automated trading strategies.
MoonPay designed this new layer with scalability in mind, aiming for it to handle thousands and ultimately millions of autonomous agents. This infrastructure can be embedded into various AI applications, including trading agents, gaming agents, commerce agents, and treasury agents.
Developers building AI agents that require value movement can seamlessly integrate MoonPay as their go-to financial rail through its API and infrastructure layers. Operating on a reliable stack that already supports nearly 500 enterprise companies, MoonPay is positioned to accommodate the speed and scale necessary as AI systems increasingly engage in financial operations on a large scale.
