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MoonPay unveils AI onramp for brave new agent economy

CoinDesk
MoonPay launched MoonPay Agents, a non-custodial financial layer enabling AI agents to autonomously transact with funds.

Summary

Cryptocurrency payments firm MoonPay has introduced MoonPay Agents, a non-custodial, permissionless financial infrastructure designed to give AI agents access to wallets, funds, and the ability to transact autonomously. This service addresses the limitation that AI agents, despite their reasoning capabilities, cannot participate economically without capital infrastructure. A user must verify and fund the agent's wallet via a MoonPay link, completing a one-time KYC process. Once funded, the agent can independently trade, swap, and move money, with the infrastructure supporting funding, execution, and off-ramping back to fiat. MoonPay CEO Ivan Soto-Wright stated that MoonPay serves as the bridge between AI and money, leveraging crypto as the fastest way to move capital for these autonomous agents.

(Source:CoinDesk)