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MoonPay Launches AI Agent Wallets For Autonomous Onchain Transactions

Cointelegraph
MoonPay introduced MoonPay Agents, a non-custodial tool enabling AI systems to independently create wallets and execute onchain transactions.

Summary

Crypto infrastructure company MoonPay has launched MoonPay Agents, a new software layer that grants artificial intelligence systems direct, non-custodial access to blockchain networks. This tool allows agentic AI to create wallets, hold digital assets, and execute onchain transactions autonomously once funded, bridging the gap between AI reasoning and economic action without human intermediaries. MoonPay CEO Ivan Soto-Wright emphasized the permissionless nature of the product. This development aligns with growing interest in stablecoin infrastructure from traditional finance, as forecasts suggest the AI agent market could reach $236 billion by 2034, driven by "agentic commerce." The crypto industry anticipates that stablecoins and blockchain networks will be crucial for the financial transactions underlying these autonomous AI economic decisions.

(Source:Cointelegraph)