Overview
- MoonPay rolled out MoonPay Agents on Feb. 24, a developer-focused layer that gives AI systems wallet access and the ability to trade, swap, and transfer funds once a human completes KYC and funding.
- The product is non-custodial, using multi-party computation for key protection and safeguards such as transaction simulations and spending limits so users keep control within defined permissions.
- Features include fiat on- and off-ramps, recurring buys, real-time cross-chain swaps, virtual accounts, and native support for the x402 machine-to-machine payments standard.
- Built on the MoonPay CLI, the system targets scale from single users to thousands of agents and runs on infrastructure serving over 30 million users and nearly 500 enterprise customers across 180 countries.
- MoonPay’s move enters a growing race that includes Coinbase and Stripe’s agent-payment tooling, with reports indicating Intercontinental Exchange has discussed a MoonPay investment at a roughly $5 billion valuation.