Exodus Launches XO Cash Stablecoin for AI Agent Payments
Exodus launched XO Cash on Solana, enabling AI agents to make secure payments via virtual debit cards and spending limits.Summary
Exodus, a crypto wallet provider, has introduced XO Cash, a Solana-based stablecoin and software toolkit created in partnership with MoonPay. The system allows developers to create agent-linked wallets and issue Visa-linked virtual debit cards, enabling AI agents to access services and make payments without the agents directly controlling private keys. Users maintain custody of their keys while setting specific transaction caps and merchant restrictions for their agents.
XO Cash integrates with Exodus Pay and utilizes infrastructure from Monavate and MoonPay to allow transactions with Visa merchants, which are then automatically converted into stablecoins like USDC and USDT. This launch is part of a broader industry trend toward AI-driven commerce, following similar initiatives from Anchorage Bank, Visa, and Amazon Web Services, as the sector shifts toward increased automation and AI-focused operations.
(Source：Cointelegraph)