New LaunchMay 8, 2026, 07:26 AM
Exodus Launches XO Cash, Stablecoin for AI Agents
AI Summary
Exodus Movement, Inc. has launched XO Cash, the first stablecoin specifically designed for AI agents and the agentic economy. Built on Solana in partnership with MoonPay, XO Cash comes with AgentKit, an SDK that enables developers to issue agents their own wallets, funded from Exodus Pay balances, while users maintain self-custody of keys. The platform offers features like free transactions for high-frequency use, user-defined spending rules, and the ability for agents to issue debit cards via Monavate for use at Visa-accepting merchants. This innovation aims to address the need for AI agents to transact without managing cryptographic keys, tapping into a market projected to mediate trillions in consumer commerce.
Key Highlights
- Exodus launched XO Cash, a stablecoin purpose-built for AI agents and the agentic economy.
- XO Cash is built on Solana and developed in partnership with MoonPay.
- It includes AgentKit, an SDK allowing developers to issue agents their own wallets via a single API call.
- Agents spend directly from their Exodus Pay balance, with users retaining key custody and setting spending rules.
- Transactions are free, designed for high-frequency AI agent workflows.
- Every XO Cash agent wallet can issue a debit card powered by Monavate, usable at any Visa-accepting merchant.
- Agents can hold XO Cash and auto-convert to USDC or USDT for payments in a single transaction.
- AI agents are projected to mediate $3 trillion to $5 trillion of global consumer commerce by 2030.