Cryptocurrency payments firm MoonPay has introduced a non-custodial financial layer that gives AI agents access to wallets, funds and the ability to transact autonomously, the company said on Tuesday.
MoonPay Agents, as the new service is called, requires a user to verify and fund their agent’s wallet through MoonPay, and then the agent can take over, trade, barter and move money themselves.
While AI agents are ready to trade, allocate capital and execute strategies, they are limited as they cannot participate in the economy without access to money, Moonpay said in an emailed press release. The idea of MoonPay Agents is to unlock the financial layer, from financing to execution to off-ramp back to fiat.
The AI service generates a MoonPay link to fund a wallet, and the user completes a one-time KYC and connects a payment method through MoonPay’s checkout, and the agent can then act independently.
“AI agents can reason, but they cannot act economically without capital infrastructure,” said Ivan Soto-Wright, CEO and founder of MoonPay. “MoonPay is the bridge between artificial intelligence and money. The fastest way to move money is crypto, and we’ve built the infrastructure to let agents do just that: non-custodial, permission-free and ready to use in minutes.”
