MoonPay launches Open Wallet Standard (OWS), enabling secure AI-driven crypto transactions with support from PayPal, Ethereum, and major blockchain networks.
- MoonPay’s Open Wallet Standard enables AI to securely transact across blockchains without exposing private keys.
- Backed by 15+ major players like PayPal and Ethereum Foundation, signaling strong industry support.
A New Standard for AI-Powered Transactions
MoonPay has launched the Open Wallet Standard (OWS) as an open-source protocol that enables new methods for artificial intelligence to handle digital assets. The framework built under an MIT license enables AI agents to securely and universally store value while making payments and signing transactions across different blockchains.
The initiative addresses a growing challenge in the emerging AI agent economy; financial operations for autonomous systems must maintain security standards. The integration of automated systems with private keys has posed significant security risks, given that private keys are considered major access points to the system. AI agents can perform transactions through OWS without revealing their confidential credentials, reducing the risk of security breaches and abuse.
The protocol functions as a blockchain-agnostic system, which enables its operation across all major networks. The system enables developers to create a unified wallet solution that supports multiple blockchains, thus enhancing user adoption and system connectivity. The expanding use of AI within decentralized finance and digital services will establish OWS as essential foundational infrastructure.
— MoonPay 🟣 (@moonpay) March 23, 2026
Backed by Industry Leaders
The Open Wallet Standard has launched with backing from over 15 major organizations, which shows that the industry supports this initiative. The contributors to the project include PayPal, OKX, Ripple, and Circle, together with the essential blockchain ecosystems of the Solana Foundation and the Ethereum Foundation. Additional contributors include Base, Polygon, Arbitrum, TON, Sui Network, and Virtuals Protocol. The coalition demonstrates its commitment to establish secure financial interactions that can scale across the entire cryptocurrency ecosystem through AI systems.
MoonPay developed its standard as open-source software to enable developers and institutions to create new products through its shared framework instead of building their own systems. Uniform security measures will drive innovation forward while protecting system security across all platforms. The AI agent economy is undergoing continuous development, which will reach a pivotal moment with the establishment of a comprehensive wallet standard. The OWS system operates as an essential foundation for upcoming digital finance developments, which will enable machines to engage in market activities instead of only performing market analysis.
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