Crypto pockets supplier Exodus has launched XO Money, a Solana-based stablecoin and software program toolkit designed to let AI brokers make funds and entry providers with out straight controlling personal keys.
In accordance with Friday’s announcement, the system, developed with MoonPay, permits builders to create agent-linked wallets, assign spending limits and challenge digital debit playing cards tied to Visa fee rails.
XO Money integrates with Exodus Pay and features a software program improvement equipment that enables customers to fund AI agent wallets utilizing their Exodus Pay balances whereas sustaining custody of their personal keys. Customers can set transaction caps, service provider restrictions and every day spending limits for every agent pockets.
Exodus mentioned AI brokers utilizing XO Money can transact with Visa retailers by means of infrastructure offered by Monavate and MoonPay, with funds routinely transformed into stablecoins resembling USD Coin (USDC) and Tether (USDT) at checkout.
The corporate added that XO Money transactions are fee-free and designed for high-frequency automated funds. The stablecoin and developer documentation went reside by means of XOCash.com on Thursday.
Associated: How AI grew to become crypto’s favourite purpose to chop employees
Crypto and fee firms put together for AI-driven commerce
Infrastructure for autonomous AI brokers to transact with stablecoins has grow to be one in every of crypto’s largest narratives in latest months.
In March, Anchorage Financial institution launched an “agentic banking” service designed to provide AI brokers entry to conventional monetary and crypto fee rails beneath preset spending and compliance controls.
Visa’s crypto division additionally launched Visa CLI, a command-line instrument designed to let AI brokers make same-day funds with out exposing API keys, whereas Stripe-backed Tempo launched a blockchain-based funds protocol for automated onchain transactions.
On Thursday, Amazon Net Companies built-in Coinbase’s x402 funds protocol into Amazon Bedrock AgentCore, enabling AI brokers to settle USDC funds on Base and Solana with out straight dealing with personal keys.
The shift towards AI-driven operations has coincided with layoffs and restructuring throughout components of the crypto and funds sectors.
Coinbase introduced it might lower about 14% of its workforce this week because it reorganizes round smaller AI-focused groups and elevated automation, whereas funds firm Block mentioned in February it might scale back employees by roughly 40% as the corporate expanded its use of AI instruments.
Supply: Brian Armstrong
Journal: AI-driven hacks may kill DeFi — until initiatives act now