MoonPay launches AI-enabled stablecoin virtual debit card

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According to a report by Cointelegraph, cryptocurrency payment platform MoonPay has launched a virtual debit card that allows users and AI agents to spend stablecoins directly from their self-custodied wallets at Mastercard merchants. Authorization is granted in real-time via smart contracts, eliminating the need for pre-deposited funds. The card connects on-chain wallets to traditional payment channels, converting stablecoins to fiat currency. Coinbase and Visa have also recently launched tools supporting AI agent payments, indicating that the industry is accelerating the development of automated transaction infrastructure.

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