Crypto wallet provider Exodus introduced XO Cash, its new stablecoin product developed on the Solana blockchain, and its software development toolkit. The platform is designed to enable AI-based software and automation systems to make payments quickly and securely without directly accessing private keys.
Features of XO Cash
In the statement made on Friday, it was stated that the XO Cash system was developed in cooperation with MoonPay. The software suite allows developers to create agent wallets (AI agent wallets), define spending limits and offer virtual debit cards connected to the Visa payment infrastructure. Fully integrated with Exodus Pay, XO Cash ensures that private keys remain under the user’s control while allowing AI-based applications or agents to access the wallet and initiate transactions.
Developers and users can fund their AI wallets with their Exodus Pay balances. It is also possible to set upper limits on transactions, allow use at certain merchants, and impose daily spending limits. According to the statement made by the company, payment transactions are carried out through Visa with the Monavate and MoonPay infrastructure. At the time of purchase, payments are instantly converted into stablecoins such as USD Coin (USDC) or Tether (USDT).
“XO Cash transactions are commission-free and optimized for high-frequency automatic payments,” Exodus shared. Stablecoin and developer documentation were made available on XOCash.com on Thursday.
The transition to AI-based financial infrastructure is accelerating
In the crypto industry in recent months, the ability of automation systems working with artificial intelligence to make payments using stablecoins has become an important trend. Recently, Anchorage Bank launched its “agentic banking” platform, which offers both traditional and crypto payment infrastructure to artificial intelligence software. This platform provides systems with access to funds under certain spending and compliance rules.
On the payment systems side, Visa cryptocurrency has launched the Visa CLI command line tool, which offers same-day payment without revealing API keys. Tempo, a firm backed by Stripe, also announced a blockchain-based payment protocol for on-chain automated transactions.
Additionally, thanks to the collaboration between Amazon Web Services and Coinbase, CoinBase’s x402 payment protocol has been integrated into Amazon Bedrock AgentCore. With this system, AI software can make payments directly with USDC on Solana and Base blockchains without using a private key.
Artificial intelligence-driven transformation accelerates restructuring in the sector
The transition to AI-based applications in the industry has also paved the way for layoffs and organizational changes. This week, Coinbase announced it would be downsizing about 14 percent of its workforce, shifting to working with smaller, AI-focused teams. Payments company Block said it would reduce its staff by about 40 percent in February, allowing the company to use AI tools more widely.
Automation and artificial intelligence adaptations are introducing new standards of security and speed not only in employment but also in crypto transactions. Companies that quickly adapt crypto payment technologies are trying to gain a competitive advantage with new generation AI-supported solutions.
