Oobit Offers Visa Cards to AI Agents

Oobit's AI Agent Card Announcement

Tether-backed wallet startup Oobit is preparing to offer Visa-approved corporate spending cards to artificial intelligence agents. According to the company's announcement on Thursday, Virtual Agent Cards will allow the ID Detailed Analysis balance to be spent without converting to fiat currency; they will be valid at every Visa-accepting online point. These cards will operate without giving bots unlimited access or requiring human intervention for every approval. Oobit CEO Amram Adar emphasizes that this move targets the problems arising from the rise of agent-based trading. The cards carry strict controls like those given to human employees.

Autonomous Payment Features for AI Bots

Adar stated in his comments to The Block that platforms like Coinbase and OKX are offering wallets and spending tools to AI bots, with some starting to take over basic 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 come into play; bots' overbuying will be prevented and these limits cannot be exceeded. Every transaction, whether approved or rejected, will be recorded in the automatic expense report with human-readable reasons. Thanks to integration with payment solutions like Stripe, AI agents will be able to manage subscription bills or vendor payments.

Tether's Investment in Oobit and Infrastructure Expansion

Tether is Oobit's largest shareholder; it led the $25 million Series A round in 2024 and holds a majority stake in VCI Global, a significant holder of the OOB token. Oobit's previous addition of a wallet transfer feature to any bank account worldwide strengthens the company's ID Futures bridge and enhances crypto-fiat integration. This step establishes a new bridge between ID Detailed Analysis and traditional finance.

The Future Independence of AI-Based Finance

This initiative stands out as the first step that provides real independence to autonomous financial operations while maintaining oversight. As Adar points out, as e-commerce infrastructure develops, agents will operate completely independently. Oobit's innovations have the potential to transform the crypto ecosystem by enabling AI agents to spend USDT seamlessly.