MoonPay has introduced MoonAgents Card, a virtual Mastercard debit card that allows AI agents to spend stablecoins directly from on-chain wallets at merchants worldwide.

Issued via Monavate, a regulated payments platform and principal member of the Mastercard network, in collaboration with crypto wallet provider Exodus, this card marks an evolution in stablecoin debit card models. Unlike traditional ones that necessitate pre-loading or off-chain fund transfers before transactions can occur, MoonAgents Card automates this process through real-time on-chain funding via Monavate’s infrastructure. Furthermore, if a transaction is declined, funds are returned to the wallet immediately without custody transfer, and spending approvals can be withdrawn at any time.

Programmatic Access and Agent Infrastructure

Designed for programmatic access through MoonPay CLI and MoonPay Agents workflows, this card caters to scenarios where AI agents execute transactions independently. It positions MoonAgents Card as part of a growing sector focusing on agent-driven finance, enabling software agents to manage wallets and conduct trades autonomously.

Combining MoonPay’s AI infrastructure with Monavate’s regulated card-issuing capabilities and Mastercard’s global acceptance network, the partnership extends Exodus’ self-custodial wallet technology to support AI agents that operate on-chain. Prior identity verification is required before card issuance.

Initially available through MoonPay CLI in the UK and Latin America, MoonAgents Card will expand to cover other regions including the US within the upcoming months.

Regulatory and Ecosystem Context

Introducing this card aligns with a regulatory landscape where stablecoin frameworks are in development. Key markets like the EU’s Markets in Crypto-Assets regulation, effective from 2024, and ongoing legislative efforts in the US and UK underscore a compliance-driven approach to integrating on-chain assets with traditional payment systems.

MoonAgents Card represents one of the initial commercial implementations addressing the functional needs for AI agents to make fiat-equivalent payments at points-of-sale without off-chain transfers. This innovation is significant in the broader context of programmable money and machine-to-machine transactions as AI agent adoption expands across financial workflows.