MoonPay Launches MoonAgents Card for AI Crypto Spending

How the MoonAgents Card Works

The spending flow starts with a user installing the MoonPay CLI and completing KYC verification. A virtual Mastercard is issued to the account, once the verification is done.

From there, an AI agent or the user triggers a purchase through the CLI or an agent workflow. A user-authorized smart contract then pulls the exact stablecoin amount from the onchain wallet in real time. Monavate, a Mastercard principal member and the card issuer, handles fiat settlement over Mastercard rails.

If the transaction is declined, funds return to the wallet instantly. Wallet custody stays entirely with the user, and smart contract approvals can be revoked at any time.

AI Agents Get Real-World Spending Power

The core innovation is that AI agents can now cross from onchain operations into real-world commerce. MoonPay CEO Ivan Soto-Wright framed it directly in the official press release.

“Agents are already managing wallets, executing trades, and moving value onchain,” Soto-Wright said. “The one thing they couldn’t do was spend at a merchant. Now they can.”

Agents interact with the MoonAgents Card through MoonPay’s non-custodial infrastructure. They never hold private keys directly. Instead, agents request signing through a policy-checked access layer built on the Open Wallet Standard. Keys are decrypted in memory, used for the transaction, and wiped immediately after.

The Open Wallet Standard was open-sourced in March 2026. It has backing from the Ethereum Foundation, Solana Foundation, and PayPal. OWS supports ERC-4337-style session keys and programmable spending policies across Ethereum, Solana, Bitcoin, Cosmos, Tron, and TON.

Partners and Initial Availability

MoonPay built the MoonAgents Card alongside key partners. Monavate serves as the regulated card issuer. Exodus, the publicly traded self-custodial wallet provider (NYSE: EXOD), is an integration partner.

Exodus CEO JP Richardson described the strategic alignment. “AI agents are going to transact constantly, at machine speed, across millions of merchants,” Richardson said. “Exodus has spent a decade building self-custodial wallets for people. MoonAgents Card extends that infrastructure to agents.”

At launch, MoonPay offers the card in the UK and Latin America. The company has not announced US or EU rollout dates yet. MoonPay highlights USDC on Solana as a supported stablecoin, though the card can draw from any stablecoin balance in the connected wallet. MoonPay also offers zero-fee stablecoin onramps for users who need to fund their wallets before spending.

MoonAgents Card vs. Coinbase and Circle

MoonPay is not alone in building agent-native payment infrastructure. Coinbase launched AgentKit and Agentic Wallets in February 2026. Those products use MPC-secured agent wallets with session keys and x402 protocol support. Similarly, Circle introduced USDC agent tools and x402-compatible wallets for autonomous payments during 2025 and 2026.

The key distinction is custody. Coinbase’s model uses multi-party computation wallets, so Coinbase participates in key management. By contrast, MoonPay’s approach is fully non-custodial. The user controls the wallet, and the agent accesses funds only through revocable smart contract authorization.

For DeFi-native users who prioritize self-custody, MoonPay’s model represents a fundamentally different trust assumption. For institutional users who prefer managed infrastructure, Coinbase’s MPC approach may carry more appeal.

What Remains Unknown About the MoonAgents Card

Several details are still missing from the launch materials. MoonPay has not disclosed the full list of supported stablecoins beyond USDC on Solana. Per-transaction and monthly spending limits are not published yet. Fee structures beyond zero-fee onramps remain unclear as well.

No on-chain contract addresses for the smart contract infrastructure have been made public. Independent security audits of the agent authorization mechanism have not been referenced in any announcement materials. According to MoonPay, the product uses the Open Wallet Standard, but exact contract deployments are not yet verifiable on block explorers.

The announcement also does not address which third-party LLM agent frameworks work with the card beyond MoonPay’s own CLI. Regulatory implications for AI agent-initiated financial transactions, particularly around KYC and AML accountability, remain unexplored in the source material.

Broader Context for Agentic Payments

MoonPay originally launched MoonPay Agents on February 24, 2026, as a non-custodial AI infrastructure with CLI tools. The MoonAgents Card builds directly on that foundation by adding merchant spending to the agent toolkit.

The timing aligns with a broader industry push toward agentic finance. MoonPay’s announcement arrived alongside growing consensus that AI agents will drive a significant increase in payment volume. Former Binance CEO CZ Zhao has publicly predicted that agents could generate one million times more payment transactions than humans.

The stablecoin market has crossed $230 billion in total market cap as of early 2026. USDC alone holds roughly $55 to $60 billion in circulation. Solana has emerged as a leading chain for stablecoin transfers due to low fees and fast finality. The MoonAgents Card positions stablecoins not just as a settlement layer, but as a direct spending instrument.

What Comes Next

Community reaction on X has been overwhelmingly positive so far. Solana’s official account posted: “Agents can now spend USDC on Solana anywhere Mastercard works.” Early adopters and crypto analysts have called the launch a new chapter for onchain spending.

The immediate next steps to watch include US and EU expansion timelines, additional stablecoin and chain integrations, and third-party agent framework support. MoonPay says it serves over 30 million customers and partners with more than 500 enterprises. That gives the MoonAgents Card a sizable distribution runway if the product gains traction.

For now, the card represents a tangible milestone for agentic commerce. AI agents can spend real money at real merchants, all from wallets the user still controls.