MoonPay, a prominent crypto payments firm, has launched a new software layer designed to empower artificial intelligence systems. This innovative product, named MoonPay Agents, allows AI to autonomously generate digital wallets, fund accounts, and execute on-chain transactions.
The system operates on a non-custodial basis, ensuring users maintain control over their private keys while granting AI agents permission to transact within set parameters. This infrastructure is built upon MoonPay's existing developer tools.
Ivan Soto-Wright, MoonPay's CEO, stated, "AI agents can reason, but they cannot act economically without capital infrastructure. MoonPay is the bridge between AI and money."
Following user identity verification and fund deposits, an AI agent can independently manage trades, token swaps, and transfers. The platform supports seamless conversion between fiat currencies like the dollar, euro, and pound, and crypto assets through virtual accounts.
Security is paramount, with MoonPay Agents employing multi-party computation for private key protection and incorporating transaction simulations and spending limits as safeguards.
Founded in 2019, MoonPay positions this offering as foundational infrastructure for the burgeoning agent economy. Potential applications include automated trading, gaming, e-commerce, and corporate treasury management, with the capacity to support thousands of concurrent AI agents.