MIAMI, May 1, 2026 – MoonPay announced the launch of the MoonAgents Card on May 1, 2026. This new virtual Mastercard debit card allows both users and AI agents to spend stablecoins, defined as a type of digital currency designed to maintain a steady value, directly from their onchain balances. Through seamless crypto to fiat conversion at the point of purchase, the card can be used globally at any online merchant that accepts Mastercard. MoonPay developed the product through an expanded partnership with Exodus, a self-custodial wallet provider, and Monavate, a regulated global payments platform.
The technology behind the MoonAgents Card focuses on direct onchain spending. Unlike some agent card products that require users to pre-load a custodial balance or transfer funds offchain before spending, this system allows users to enable or delegate authority to agents to spend directly from an onchain wallet at the moment of transaction. The user authorizes a smart contract to access their stablecoin balance. The purchase is made through standard card payment flows, with Monavate executing the onchain funding and card authorization in real time. If a transaction is declined, funds return to the wallet immediately. Wallet custody is never transferred during this process, and approvals can be revoked at any time.
The infrastructure for the card is integrated with the MoonPay CLI, which provides a developer command-line interface for crypto payments. MoonPay reported that this CLI has processed more than 4 million tool calls since launch, with usage accelerating. The first million calls took 30 days, and the second million took seven. The card is designed to be accessed and managed programmatically through MoonPay CLI and MoonPay Agents workflows. MoonPay Agents enables autonomous AI workflows with Ledger-secured hardware signing.
The rollout of the MoonAgents Card is starting in specific regions. It is available today through MoonPay CLI in the United Kingdom and Latin America. MoonPay plans to bring the card to the United States and the European Union in the coming months. Identity verification is required before card issuance.
The partnership involves three companies. MoonPay provides the AI agent infrastructure and developer network. Exodus, a company that has spent a decade building self-custodial wallets for people, extends its infrastructure to agents. Monavate acts as the regulated card issuer that connects the system to the Mastercard network. Ivan Soto-Wright, founder and CEO of MoonPay, stated that agents are already managing wallets, executing trades, and moving value onchain, and now they can spend at a merchant. JP Richardson, co-founder and CEO of Exodus, added that AI agents are going to transact constantly at machine speed across millions of merchants.
The launch reflects a broader industry focus on automated transactions. Binance founder Changpeng Zhao said last month that AI agents will make one million times more payments than humans and will use crypto. Coinbase CEO Brian Armstrong stated that there are going to be more AI agents than humans making transactions, noting they can own a crypto wallet despite being unable to open a bank account. Stripe co-founder and president John Collison also expects a torrent of agentic commerce enabled by stablecoins and high-speed blockchains. The MoonAgents Card provides a universal framework, launched in March with backing from organizations including the Ethereum Foundation, Solana Foundation, and PayPal.
Sources
PR Newswire (Published: May 1, 2026, 08:45 ET)
The Block (Published: May 1, 2026, 08:11 ET)
Stock Titan (Published: May 1, 2026, 08:22 ET)
Morningstar (Published: May 1, 2026, 08:45 ET)
