MoonPay Launches PayBox: AI-Powered Crypto Payments via ChatGPT and Claude
MoonPay has introduced PayBox, a payment vault powered by AI that connects with ChatGPT and Claude for transactions involving cryptocurrency, DeFi, and everyday purchases. This was revealed through a PR Newswire announcement. Users can execute commands like 'Onramp $100 into PYUSD,' with transactions prepared by AI requiring user passkey approval. PayBox is compatible with various blockchains, such as Solana and Ethereum, with intentions to expand further. It features security measures like multi-party computation (MPC) and trusted execution environments (TEEs). Backed by Sodot, which safeguards over $50 billion in digital assets, PayBox also incorporates Visa's agentic commerce protocol. Users can choose between 'Always Ask' or 'Autonomous' transaction modes. Additionally, MoonPay is providing an airdrop of up to 500 USDC for early users.
Key facts
- MoonPay launched PayBox, an AI-native payment vault for ChatGPT and Claude.
- PayBox enables crypto transactions, DeFi interactions, and real-world purchases within AI conversations.
- Users authorize transactions with a passkey; two permission models: Always Ask and Autonomous.
- Supports Solana and EVM-compatible networks: Ethereum, Base, Arbitrum, Polygon, Hyperliquid, Robinhood Chain, Tempo.
- Security uses MPC and TEEs; powered by Sodot, securing over $50 billion in digital assets.
- Integrates Visa's agentic commerce protocol for card payments.
- MoonPay's AI strategy includes an open AI wallet standard backed by PayPal, Ethereum Foundation, Solana Foundation.
- USDC airdrop of up to 500 USDC for eligible early users.
- CEO Ivan Soto-Wright: 'The card hid the cash. The phone hid the card. This is the era where money disappears into conversation.'
Entities
Institutions
- MoonPay
- ChatGPT
- Claude
- PayBox
- Sodot
- Visa
- PayPal
- Ethereum Foundation
- Solana Foundation
- NFT Plazas
Locations
- Israel
- United States