MoonPay Introduces Debit Card Enabling AI Agents to Spend Stablecoins
MoonPay has introduced the MoonAgents Card, a virtual debit card built on the Mastercard network. Notably, the card allows both individuals and AI agents to spend stablecoins directly from self-custodial wallets. As a result, users can transact at any online merchant that accepts Mastercard without additional steps.
Moreover, the system converts stablecoins into fiat currency instantly at checkout. Therefore, users do not need to preload funds or move assets offchain before making purchases. In addition, the card operates through Monavate, which provides regulated infrastructure and network access.
“AI agents are going to transact constantly, at machine speed, across millions of merchants,” said Ivan Soto-Wright.
How the System Works
The MoonAgents Card connects a self-custodial wallet to a virtual payment card through Monavate’s infrastructure. When a transaction begins, either a user or an AI agent initiates the payment. Then, the cardholder authorizes a smart contract to access stablecoin funds. At the same time, the platform processes onchain funding and card authorization simultaneously.
If a transaction fails, funds return to the wallet immediately. Consequently, users retain full control of their assets at all times. Furthermore, the system never transfers wallet custody, which strengthens security and transparency. Users can also revoke spending permissions whenever needed.
In addition, developers can manage the card programmatically through MoonPay CLI and agent workflows. Therefore, the product clearly targets automated systems and enterprise use cases rather than casual consumers. However, it launches without cashback or staking rewards. Instead, it focuses on corporate spending automation and crypto-native treasury operations.
Partnerships, Expansion, and Strategic Direction
The launch builds on a growing partnership with Monavate and Exodus Movement. Recently, both companies expanded collaboration efforts, including plans to co-develop a USD-backed stablecoin. As a result, the ecosystem around the card continues to evolve.
Currently, the MoonAgents Card is available in the United Kingdom and Latin America through the CLI. Meanwhile, availability in the United States and the European Union is expected soon. However, users must complete identity verification before accessing the card.
Additionally, the release follows earlier infrastructure investments, including the acquisition of Iron in March 2025. Consequently, the platform now supports advanced capabilities such as virtual accounts, cross-border payments, and treasury management. These features, in turn, strengthen its push into agent-driven commerce.
