MoonPay Agents Empower AI Systems with Autonomous Cryptocurrency Management

MoonPay has introduced a new product called MoonPay Agents, a software layer that grants artificial intelligence systems control over digital wallets and enables them to make transactions independently. This non-custodial tool stores wallets on the user's device, eliminating the need for human intervention in trading, swapping, or transferring assets. By leveraging its existing crypto payment infrastructure, MoonPay extends the capabilities of its developer tools to AI systems.

The launch of MoonPay Agents is built upon the company's developer tool, MoonPay CLI, which includes support for x402, a machine-to-machine payments standard used in agent-driven applications. This integration allows AI agents to take advantage of recurring buys and cross-chain swaps without requiring further human input. The user initially completes identity verification and adds funds, after which the AI agent assumes control.

MoonPay is not alone in this space, with other companies like Coinbase and Stripe also developing tools for AI agents. DeBridge has built infrastructure for non-custodial cross-chain execution for AI systems, while Crypto.com's CEO unveiled a platform that enables autonomous agents to perform financial tasks on behalf of users.

The growing interest in AI-powered transactions is reflected in the estimated $236 billion global AI agent market by 2034. Intercontinental Exchange, the parent company of the New York Stock Exchange, has reportedly engaged in discussions about investing in MoonPay at a valuation of $5 billion. This investment from a major stock exchange operator highlights the increasing attention from traditional finance toward crypto payment infrastructure.