MoonPay has unveiled plans to launch the MoonAgents Card, a virtual Mastercard debit card designed to enable users and AI agents to spend stablecoins directly from their on-chain balances at online merchants that accept Mastercard. The card is being developed in collaboration with Monavate’s regulated card issuing infrastructure alongside Mastercard’s extensive global payments network.
This innovative product is tailored for seamless programmatic access through the MoonPay CLI and MoonPay Agents workflows, allowing AI agents to make transactions without requiring users to preload a custodial balance or transfer funds off-chain prior to each purchase. This launch occurs amid a growing trend among cryptocurrency firms striving to extend financial capabilities to AI agents, moving beyond mere chats, research, and recommendations.
In recent developments, Coinbase introduced Agentic Wallets in February 2026, which empowers autonomous agents to spend, earn, and trade on-chain through programmed parameters. Additionally, Coinbase is developing AgentKit, a comprehensive developer toolkit aimed at integrating AI agents with crypto wallets and facilitating on-chain interactions. This toolkit is designed to support various AI frameworks and wallets, enabling stablecoin payments and agent monetization.
Similarly, the TON ecosystem associated with Telegram has made strides in this direction. Recently, TON Tech announced the launch of Agentic Wallets, which provides an open standard allowing AI agents to manage dedicated on-chain wallets funded by users. These agents can transact through the Telegram platform without the need for every action to receive manual approval, while maintaining user control through allocated balances and wallet permissions.
The MoonAgents Card represents MoonPay’s latest initiative in creating payment infrastructure tailored for the emerging agent economy. Earlier this year, the company introduced the Open Wallet Standard, an open-source framework supported by partnerships with organizations such as PayPal, Circle, the Ethereum Foundation, and Solana Foundation. This standard is intended to enable AI agents to hold funds and sign blockchain transactions across various chains.
Under the proposed card model, users will link their self-custodial wallets to the virtual Mastercard. At the time of purchase, the user will authorize a smart contract to access their stablecoin balances, while Monavate manages on-chain funding and card authorization in real time. MoonPay emphasizes that custody remains under the user’s control, revocation of approvals is possible, and declined transaction funds will return to the wallet instantaneously.
Ivan Soto Wright, CEO of MoonPay, highlighted that agents are already managing wallets, executing trades, and transferring value on-chain, but they have previously lacked a mechanism to spend at merchants. He noted that MoonPay’s CLI has processed over 4 million tool calls since its inception, indicating that the first million was achieved in 30 days, while the second million occurred in just seven days, reflecting a swift adoption of agent-based cryptocurrency workflows.
