MoonPay Launches AI-ready Stablecoin Debit Card on Mastercard

TLDR

• MoonPay has launched a virtual stablecoin debit card for both users and AI agents.
• The MoonAgents Card allows direct spending from self-custodial onchain wallets.
• The card converts stablecoins into fiat currency instantly at the point of payment.
• The product works with any online merchant that accepts Mastercard globally.
• Monavate issues the card and manages payment processing within the Mastercard network.
• Exodus Movement supports wallet integration for secure self-custodial access.

MoonPay has introduced a new virtual debit card that enables spending from onchain wallets through Mastercard. The product targets both users and AI agents. The company confirmed real-time stablecoin conversion at payment.

The card, named MoonAgents Card, supports online purchases across merchants that accept Mastercard globally. It converts stablecoins into fiat currency instantly during transactions. The system keeps funds within self-custodial wallets during authorization.

MoonPay Expands Payments with AI-focused Card

MoonPay developed the card to connect blockchain wallets directly with traditional payment networks. The firm partnered with Monavate and Exodus Movement to support issuance and wallet integration. Monavate operates as a regulated payments platform within the Mastercard network.

The card allows users and AI agents to spend without moving assets off-chain beforehand. MoonPay said most existing cards require preloading or transferring funds before transactions. This product removes that step and maintains wallet control during payments.

Monavate manages transaction approvals and funding directly onchain in real time. If a payment fails, the system returns funds instantly to the wallet. MoonPay stated that users retain full custody throughout the process.

The company confirmed that users can revoke approvals at any moment through their wallet settings. This feature ensures continuous control over funds and permissions. The system supports secure and flexible spending directly from blockchain wallets.

Mastercard Integration and Rollout Details

MoonAgents Card operates as a virtual debit card within the Mastercard network infrastructure. Monavate issues the card and handles compliance requirements. Exodus Movement provides the self-custodial wallet integration for users.

MoonPay stated that the card is currently accessible through its CLI platform. Availability covers the United Kingdom and selected Latin American markets. The company plans to expand into the United States and European Union soon.

Users must complete identity verification before receiving the card. MoonPay confirmed that regulatory checks remain required despite self-custody features. The firm did not disclose exact timelines for additional regions.

Ivan Soto-Wright, MoonPay CEO, described the product’s purpose in a statement. He said, “Agents are already managing wallets and executing trades onchain.” He added that the card now enables them to spend directly at merchants.

JP Richardson, CEO of Exodus Movement, also commented on the launch. He said the system extends wallet infrastructure to AI agents for spending. He stated that future wallets and cards will differ from current designs.

Industry executives have recently highlighted growth in AI-driven transactions. Changpeng Zhao said AI agents could make far more payments than humans. Brian Armstrong stated that agents can hold crypto wallets but cannot open bank accounts.

John Collison also spoke about rising automated transactions earlier this year. He predicted increased commerce activity powered by stablecoins and blockchain speed. These statements reflect current developments in AI-based financial activity.

MoonPay confirmed that the card supports direct spending without custody transfer. The company emphasized real-time conversion and merchant compatibility. Further updates on regional rollout remain pending.

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