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MoonPay launches ‘MoonPay Agents’ to power AI-driven crypto transactions

The Block
MoonPay introduced MoonPay Agents, a non-custodial layer enabling AI agents to execute crypto trades and transfers programmatically.

Summary

Crypto payments firm MoonPay has launched MoonPay Agents, a new non-custodial software layer built on its MoonPay CLI, designed to facilitate AI-driven cryptocurrency transactions. Once a user verifies identity and funds a wallet, an AI agent can autonomously trade, swap, and transfer digital assets on the user's behalf. CEO Ivan Soto-Wright stated that MoonPay serves as the necessary capital infrastructure, or "bridge between AI and money," for the emerging agent economy. The product supports recurring buys, cross-chain swaps, and the x402 machine-to-machine payment standard, allowing agents to operate within pre-approved KYC permissions established by the human user. This launch aligns with a broader industry trend where companies like Coinbase and Stripe are also developing tools to enable autonomous financial decision-making for AI agents.

(Source:The Block)