MoonPay has launched the MoonAgents Card, a virtual stablecoin debit card designed to allow users and AI agents to spend directly from onchain wallets at merchants that accept Mastercard. The card converts stablecoins into fiat at the point of payment and is issued through Monavate, a regulated global payments platform and principal Mastercard network member. The product is part of a card issuance agreement between MoonPay, Monavate, and self-custodial wallet provider Exodus Movement.
MoonPay CEO Ivan Soto-Wright stated: 'Agents are already managing wallets… now they can spend.' The card is built for programmatic use through MoonPay’s agent infrastructure, allowing users to authorize AI agents to initiate payments without moving funds off-chain or preloading balances. Unlike many existing crypto debit cards, the MoonAgents Card does not require users to preload funds or move assets offchain before spending.
MoonAgents Card Uses Onchain Wallet Funding The MoonAgents Card links a self-custodial wallet to a Mastercard virtual card through Monavate’s infrastructure. When a payment is made, stablecoins are converted into fiat at the point of sale. Monavate manages onchain funding and transaction authorization in real time. If a payment is declined, funds are returned to the wallet immediately. Wallet custody remains with users, and approvals can be revoked at any time.
Availability and Expansion Plans The product is currently available through MoonPay CLI in the United Kingdom and Latin America. MoonPay plans to expand access to the United States and European Union in the coming months. Users must complete identity verification before receiving the card.
AI Agents Become Payment Users The product is being launched as more companies prepare for agentic commerce, where automated software agents can make payments, buy services, and manage transactions on behalf of users or businesses. Crypto industry leaders have said AI agents may become major users of blockchain payments because they can hold crypto wallets but cannot open traditional bank accounts. Exodus CEO JP Richardson said the product extends self-custodial wallet infrastructure to AI agents, allowing them to spend directly from onchain wallets.
MoonPay Expands Institutional Infrastructure The card launch follows MoonPay’s acquisition of Sodot and the launch of MoonPay Institutional, a digital asset infrastructure platform aimed at financial institutions. Sodot specializes in self-hosted multi-party computation and trusted execution environment technology for secure key management, having secured more than $50 billion in transactions and protected over 10 million wallets. MoonPay Institutional includes wallet infrastructure, custody through MoonPay Trust Company, trade execution, cross-chain collateral mobility, OTC and DeFi liquidity access, stablecoin issuance, and cross-border settlement tools. The platform supports more than 200 chains and protocols, including Ethereum, Solana, Base, Arbitrum, and Hyperliquid, and settlement across more than 120 fiat currencies.
