Exodus Launches XO Cash Stablecoin for AI Agent Payments

Crypto wallet provider Exodus has launched XO Cash, a Solana-based stablecoin and software toolkit designed to let AI agents make payments and access services without directly controlling private keys.

According to Friday’s announcement, the system, developed with MoonPay, allows developers to create agent-linked wallets, assign spending limits and issue virtual debit cards tied to Visa payment rails.

XO Cash integrates with Exodus Pay and includes a software development kit that allows users to fund AI agent wallets using their Exodus Pay balances while maintaining custody of their private keys. Users can set transaction caps, merchant restrictions and daily spending limits for each agent wallet.

Exodus said AI agents using XO Cash can transact with Visa merchants through infrastructure provided by Monavate and MoonPay, with payments automatically converted into stablecoins such as USD Coin (USDC) and Tether (USDT) at checkout.

The company added that XO Cash transactions are fee-free and designed for high-frequency automated payments. The stablecoin and developer documentation went live through XOCash.com on Thursday.

Related: How AI became crypto’s favorite reason to cut staff

Crypto and payment companies prepare for AI-driven commerce

Infrastructure for autonomous AI agents to transact with stablecoins has become one of crypto’s biggest narratives in recent months.

In March, Anchorage Bank launched an “agentic banking” service designed to give AI agents access to traditional financial and crypto payment rails under preset spending and compliance controls.

Visa’s crypto division also introduced Visa CLI, a command-line tool designed to let AI agents make same-day payments without exposing API keys, while Stripe-backed Tempo launched a blockchain-based payments protocol for automated onchain transactions.

On Thursday, Amazon Web Services integrated Coinbase’s x402 payments protocol into Amazon Bedrock AgentCore, enabling AI agents to settle USDC payments on Base and Solana without directly handling private keys.

The shift toward AI-driven operations has coincided with layoffs and restructuring across parts of the crypto and payments sectors.

Coinbase announced it would cut about 14% of its workforce this week as it reorganizes around smaller AI-focused teams and increased automation, while payments company Block said in February it would reduce staff by roughly 40% as the company expanded its use of AI tools.

Source: Brian Armstrong

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