Exodus launches XO Cash stablecoin and AgentKit SDK

Exodus, the Omaha-based crypto wallet company, launched XO Cash and AgentKit on May 8. XO Cash is a Solana-based stablecoin designed for autonomous software agents. AgentKit is a software development kit that creates agent wallets and spending controls.

AgentKit lets developers create an agent wallet with a single API call. Developers can configure daily limits, merchant restrictions, transaction caps and rate limits so agents can make payments without accessing private keys. Users retain custody of the underlying funds while agents operate under those predefined rules.

XO Cash runs on Solana and was developed with MoonPay. Each agent wallet can issue a debit card through infrastructure built with MoonPay and Monavate; the cards will work anywhere Visa is accepted. At the point of payment, the system can automatically convert XO Cash into USDC or USDT to meet merchant requirements, allowing transactions across different stablecoin ecosystems.

JP Richardson, Exodus’s chief executive, wrote in the announcement: “Agents need to spend, and they shouldn’t have to manage keys to do it.” The company described AgentKit as a single interface that exposes custody rules and spending controls for developers integrating agent payments.

The launch arrives as several crypto firms build payment rails for machine-to-machine commerce, including subscriptions, micropayments, data purchases and automated services. Coinbase has partnered with Amazon Web Services to enable USDC micropayments for AI agents through Amazon Bedrock AgentCore Payments.

Exodus cited market research estimating AI agents could mediate $3 trillion to $5 trillion in global consumer commerce by 2030 and presented XO Cash as infrastructure for frequent, programmatic transactions where traditional payment rails can be slow or costly. Exodus did not disclose initial transaction volumes or a wider list of launch partners beyond MoonPay and Monavate.