MoonPay adds Solana lending so AI agents can manage crypto loans

MoonPay added Solana lending protocol Kamino to its PayBox AI-focused payment vault. Eligible users can supply tokens to Kamino for yield through conversations with ChatGPT or Claude. Eligible users can borrow the dollar-pegged stablecoin USDC against collateral supplied to Kamino. Kamino has around $1.3 billion in total value locked, according to DefiLlama. Kamino has $1 billion in active loans, according to DefiLlama. The integration replaces Kamino's usual interface with natural-language instructions. Users can require passkey approval for every transaction. Users can also let the AI act autonomously within preset limits. Falling collateral can trigger liquidation. Major markets remain excluded. AI-based crypto use has focused on small, high-frequency payments for data, computing power and online tools. Coinbase-developed x402 moved about $50 million across 165 million payments. The integration allows AI to manage users' money. An instruction can create a leveraged position that requires continued monitoring.