According to The Block, MoonPay launched MoonAgents Card, a virtual Mastercard debit card, on Friday. The card is designed for both AI agents and users, converting stablecoins into fiat at the point of payment and enabling spending at any online merchant globally that accepts Mastercard.
The card is issued through Monavate, a regulated global payments platform and principal member of the Mastercard network, in partnership with Exodus Movement, a self-custodial wallet provider. Monavate handles onchain funding and authorization in real time, with declined transactions immediately returning funds to the user's wallet. Wallet custody is never transferred during the process and approvals can be revoked at any time. The card is currently available through MoonPay CLI in the UK and Latin America, with U.S. and EU availability planned in the coming months.