MoonPay targets AI payments with Mastercard stablecoin card

MoonPay has introduced the MoonAgents Card, a virtual Mastercard product that allows AI agents and users to spend stablecoins directly from onchain wallets. 

The card enables real-time crypto-to-fiat conversion at checkout and works with merchants that accept Mastercard.

The product is built for programmatic use through MoonPay’s agent infrastructure. It allows users to authorize AI agents to initiate payments without moving funds off-chain or preloading balances.

MoonPay CEO Ivan Soto-Wright said, “Agents are already managing wallets… now they can spend.”

AI agents gain non-custodial spending tools

The MoonAgents Card connects with MoonPay’s broader AI framework. The company earlier launched a non-custodial system that allows AI agents to manage wallets, execute trades, and move assets autonomously.

The card extends that system by adding merchant payments. AI agents can now operate across trading, transfers, and real-world spending within one workflow.

MoonPay said its developer tools have processed millions of commands, showing growing usage of AI-driven crypto transactions.

Additionally, MoonPay’s AI and payments rollout comes alongside a broader institutional expansion. The company recently acquired Sodot, a digital asset security firm, to launch a new business unit focused on institutional clients.

The new division, MoonPay Institutional, is designed to support banks, asset managers, and trading firms. It offers infrastructure for payments, custody, trading, and tokenized assets.

Sodot’s technology handles key management and has supported billions in transactions across major platforms.

Stablecoin services and partnerships grow

MoonPay has also been expanding stablecoin services with enterprise partners. Its infrastructure supports stablecoin issuance, cross-border payments, and integrations with major financial platforms.

The company has worked with payment providers and fintech firms to connect stablecoins with global payment systems. This includes enabling businesses to launch custom stablecoins and use them in payments and treasury operations.