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MoonPay Rolls Out Agent-Ready Stablecoin Card on Mastercard Network

Cointelegraph
MoonPay has launched a virtual debit card enabling AI agents and users to spend stablecoins directly from wallets at Mastercard merchants.

Summary

MoonPay has introduced a virtual debit card developed with Monavate and Exodus Movement, Inc. that allows users and AI agents to spend stablecoins from self-custodied wallets at Mastercard-accepting merchants. The system utilizes real-time crypto-to-fiat conversion, ensuring assets remain in the user's custody until the point of purchase. Currently available in the UK and Latin America, the service is designed for programmatic use, enabling AI agents to manage payments autonomously. This launch aligns with a broader industry trend toward developing infrastructure for AI-driven financial transactions, following similar initiatives by companies like Coinbase, Stripe, and Google.

(Source:Cointelegraph)