MoonPay, a company specializing in crypto payments and stablecoin infrastructure, has made a significant step forward in the integration of artificial intelligence (AI) and blockchain technology. The introduction of MoonPay Agents, a non-custodial tool, allows AI agents to create wallets, hold digital assets, and execute onchain transactions without human intervention.
The launch of MoonPay Agents reflects a growing trend in the industry, as traditional financial institutions increasingly explore stablecoin infrastructure and blockchain settlement rails. The company is reportedly seeking to raise capital at a $5 billion valuation, with Intercontinental Exchange, the parent company of the New York Stock Exchange, holding early-stage discussions about a potential investment.
The emergence of AI agents in the financial sector is expected to have a significant impact on transactions and decision-making processes. According to research by the World Economic Forum, the global market for AI agents could reach $236 billion by 2034, driven in part by the rise of 'agentic commerce,' including AI-powered shopping tools.