Oobit Launches USDT Virtual Visa Cards for AI Agents

Source
YM Lee

Summary

  • Oobit, a Tether-backed crypto wallet, launched "Agent Cards," an online payment product in USDT for AI agents.
  • The cards are funded by Tether's treasury, allowing users to top up USDT balances and make payments without a separate fiat conversion.
  • Some features will also support crypto and stock trading, while the industry increasingly expects blockchain payments to be used primarily by AI agents.

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Photo: Oobit
Photo: Oobit

Oobit, a Tether-backed crypto wallet startup, has launched a virtual Visa card service for artificial intelligence agents.

Cointelegraph reported on April 30 that Oobit introduced "Agent Cards," which allow AI agents to make online payments directly in USDT on behalf of businesses.

The cards are funded directly from Tether's treasury, allowing users to top up balances and make payments in USDT without converting to fiat currency.

The service lets AI agents automate tasks such as software subscription renewals, ad spending and cloud infrastructure setup. Some features will also support crypto and stock trading.

The product is currently available on a limited basis to select companies and will be expanded in stages through June 30. Businesses must complete know-your-business, or KYB, verification to use it.

Oobit said it issues a single card to each AI agent to strengthen identification and audit trails. Spending can also be controlled through transaction limits and merchant restrictions, it said.

The broader industry is also increasingly viewing AI agents as a future major user base for blockchain payments.

YM Lee

YM Lee

20min@bloomingbit.ioCrypto Chatterbox_ tlg@Bloomingbit_YMLEE
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