Key Takeaways
Blockchain technology firm OwlTing Group (NASDAQ: OWLS) on Monday launched a digital wallet that allows artificial intelligence agents to transact with stablecoins on behalf of users, leveraging the company’s payment licenses in 40 U.S. states.
"The technology industry has been giving AI the ability to think. Our focus has been on giving AI the ability to transact under regulated rules," Darren Wang, Founder and CEO at OwlTing Group, said in a statement.
The new OwlPay Agent Wallet is a self-custody wallet, giving users full control of their private keys across the Ethereum, Stellar, and Solana blockchains. The launch completes OwlTing's three-layer infrastructure for AI-driven commerce, which includes a stablecoin checkout system for merchants and a Visa Direct integration that allows U.S. debit cardholders to fund USDC transactions.
The move aims to build foundational infrastructure for the agentic commerce economy, a market that McKinsey & Company estimates could represent between $3 trillion and $5 trillion in global consumer commerce by 2030. While AI has become adept at analysis and recommendation, the industry still lacks a credible framework for letting agents execute transactions with auditable authority and control.
OwlTing is positioning its regulated payment rails as a solution to that problem. By extending its existing Money Transmitter Licenses to a wallet purpose-built for AI, the company is providing a framework for autonomous software to operate within established financial rules. This addresses a key bottleneck for enterprises, which, according to industry experts, have been hesitant to deploy agentic AI for financial tasks due to risks surrounding control, visibility, and governance.
At launch, AI agents can use the wallet to generate addresses, send stablecoins, and track transaction history. A planned roadmap includes integrating the Visa Direct capability for direct debit card funding of stablecoin purchases, adding a cross-chain bridge, and expanding to more blockchains.
This article is for informational purposes only and does not constitute investment advice.
