MoonPay launches MoonAgents Card to let AI agents spend stablecoins via Mastercard

NEW YORK/LONDON — MoonPay announced on May 1, 2026 it has launched MoonAgents Card, a virtual Mastercard debit card designed to let users and AI agents spend stablecoins directly from onchain wallets at merchants that accept Mastercard.

The product is being rolled out through MoonPay’s CLI and agent workflows, and is intended for what the company calls “agentic commerce,” where software agents can be authorized to make purchases on a user’s behalf. MoonPay said the card connects a self-custodial wallet to a Mastercard virtual card through Monavate’s regulated payments infrastructure.

Under the setup, a user authorizes a smart contract to access stablecoin funds at the moment of transaction, and Monavate handles the card authorization and onchain funding in real time. If a payment is declined, MoonPay said funds are returned to the wallet immediately.

The company said the card is issued through a new arrangement involving MoonPay, Exodus and Monavate, with Mastercard providing the global card network. MoonPay also said the product is meant to differ from earlier crypto debit cards because it was built with AI agents in mind from the outset.

MoonPay said the card is available now through MoonPay CLI in the U.K. and Latin America, with U.S. and U.K. availability planned in the coming months. Identity verification is required before issuance, and the company said availability depends on local laws and regulatory eligibility.

The launch adds to a growing wave of products aimed at bridging crypto balances and everyday spending, while also reflecting a broader push to give AI systems more controlled financial autonomy. Supporters say the model could reduce friction for online payments; critics may see it as another step toward machines making financial decisions with limited human oversight.

MoonPay said it does not issue or manage the cards itself, and that the card program is provided by Baanx Group Ltd and issued by Monavate Ltd. That distinction is important because it places the regulated card and payment responsibilities with the partner firms rather than MoonPay directly.

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