Oobit ID Offers Visa Cards to AI Agents

Oobit ID Virtual Agent Cards Announcement

Tether-backed wallet initiative Oobit ID is preparing to offer Visa-approved corporate spending cards to AI agents. According to the company's announcement on Thursday, Virtual Agent Cards will allow AI bots to spend their USDT balance without converting to fiat; valid at every Visa-accepting online point. These cards will work without giving bots unlimited access or tying every approval to human intervention. Oobit CEO Amram Adar emphasizes that this move targets problems arising from the rise of agent-based trading. The cards carry strict controls like those given to human employees.

Adar told The Block that platforms like Coinbase and OKX are offering wallets and spending tools to AI bots, with some starting to take over core workflows; however, no one has yet solved the responsibility issue in autonomous payments. A separate card will be allocated for each agent, thus limiting risk between teams. Category-based spending limits, per-transaction and per-vendor upper limits will be activated; preventing bots from overbuying. Every transaction, whether approved or rejected, will be recorded in an automatic expense report with human-readable reasons. With integrations like Stripe, AI agents will be able to manage subscription bills. Tether is Oobit ID's largest shareholder; it led the $25 million Series A in 2024.

ID Technical Outlook and Price Analysis

ID is currently trading at the $0.03 level, up 3.59% in the last 24 hours. RSI at 48.10 in the neutral zone, overall trend downward (Supertrend: Bearish). EMA 20: $0.0318. Click for ID detailed analysis.

• Supports: S1 $0.0294 (Strong, 75% score), S2 $0.0317 (Medium, 59% score)
• Resistances: R1 $0.0542 (Strong, 65% score), R2 $0.0338 (Strong, 64% score)

This development could increase ID's futures volume. Oobit's bank transfer feature strengthens the crypto-fiat bridge.