Oobit Launches AI Bots and Visa-Supported Corporate Expense Cards

According to Oobit, its Visa-backed virtual Agent Cards let AI agents make USDT payments without human input by drawing directly from Tether’s treasury and avoiding fiat conversion.

USDT

Summary

Oobit said its new virtual Agent Cards allow AI agents to spend USDT at online merchants that accept Visa, with built-in controls for spending categories, per-transaction caps and merchant-specific limits. In the latest update, Oobit said the cards can execute payments without human input and draw funds directly from Tether’s treasury, removing the need for fiat conversion. The company also said every transaction, including declined attempts, creates a reimbursement record for auditability. Tether is Oobit’s largest shareholder and led the company’s $25 million Series A in 2024.

Terms & Concepts
  • USDT: A U.S. dollar-pegged stablecoin issued by Tether, commonly used for crypto trading, transfers and payments.
  • Agent Cards: Virtual payment cards designed for AI agents, enabling automated spending within preset controls such as category, merchant and transaction limits.
  • Visa: A global payments network that enables card-based transactions at merchants and service providers that accept its payment infrastructure.