According to The Block, Tether-backed wallet startup Oobit launched AI Agent Cards on Thursday, allowing autonomous bots to make purchases using USDT balances without converting to fiat or accessing corporate card credentials directly. The Visa-supported cards are usable online wherever Visa is accepted.
Agent Cards include corporate spending controls: one card per agent to limit exposure, category-level spend limits, per-transaction and per-merchant caps, and automated expense reports with human-readable reasons for each transaction. The cards also support payment processing integrations with Stripe and other solutions, enabling AI agents to manage subscription billing and vendor payouts.