MoonPay has announced an innovative addition to its offerings with the launch of the MoonAgents Card, a virtual Mastercard debit card specifically designed for both users and AI agents to spend stablecoins directly from their on-chain balances. This groundbreaking initiative stems from a collaboration among MoonPay, Exodus, and Monavate, capitalizing on MoonPay’s robust crypto payments network and AI infrastructure.
The MoonAgents Card allows for real-time crypto-to-fiat conversion at the point of purchase, enabling users to transact with any online merchant globally that accepts Mastercard. Unlike existing stablecoin debit cards that often require pre-loading funds or transferring money off-chain, the MoonAgents Card offers a more streamlined experience. Users can authorize AI agents to spend directly from their on-chain wallets during the transaction, offering immediate access without the need for prior fund transfers.
Ivan Soto-Wright, CEO and Founder of MoonPay, emphasized the significance of this development, noting that while AI agents are already capable of managing wallets and executing trades, spending directly at merchants was previously a barrier. The introduction of the MoonAgents Card addresses this need, positioning AI agents to transact efficiently and at scale across various merchants.
The card is facilitated through Monavate’s regulated card issuing infrastructure and operates via standard card payment flows. Upon transaction, a user must authorize a smart contract that accesses their stablecoin balance, enabling Monavate to execute on-chain funding and card authorization in real time. In the event of a declined transaction, funds are promptly returned to the user’s wallet, ensuring that custody remains intact and approvals can be revoked at any time.
This initiative also integrates with MoonPay’s recently launched Agent Infrastructure, which includes MoonPay CLI—a developer command-line interface for crypto payments—and MoonPay Agents, enabling autonomous AI workflows. Backed by numerous organizations through the Open Wallet Standard, this framework supports seamless value holding and transaction signing across blockchains. The MoonAgents Card effectively expands the capabilities of those agents, providing a means to spend their holdings efficiently.
Currently, the MoonAgents Card is available through MoonPay CLI in the UK and Latin America, with plans to extend availability to the US and EU markets in the coming months. Users must complete identity verification to obtain the card. To get started, users can install the necessary command, issue a card by linking their wallets, and access the service through MoonPay’s platform.
MoonPay, founded in 2019, has quickly emerged as a leading financial technology company, serving over 30 million customers worldwide. It facilitates the movement of value between fiat and digital assets across an extensive network. Monavate, as a regulated global payments infrastructure provider, offers a suite of capabilities tailored to the needs of fintech and Web3 businesses, ensuring compliance and support for various payment programs.
Exodus, established in 2015, is another key player in this partnership, focusing on self-custodial finance to empower users in managing their digital assets without relinquishing control. Together, these entities are shaping the future of digital commerce by enabling more efficient transactions through innovative solutions such as the MoonAgents Card.
