OwlTing launches wallet for AI agents to handle payments

OwlTing Group has launched OwlPay Agent Wallet for AI agents, designed to handle transactions on users' behalf.

The wallet lets AI agents send, receive and manage stablecoins under user authorisation. It can carry out tasks such as paying for an online purchase or sending USDC to another person, provided the user has approved the action.

It uses a self-custody model, with private keys and credentials generated and stored locally on the user's device. The wallet supports transactions across the Ethereum ecosystem, Stellar and Solana, extending the approach used in OwlPay Wallet Pro, OwlTing's existing wallet for individual users.

At launch, AI agents can use the wallet to create addresses, send stablecoins, review balances and track transaction histories on those networks. Onboarding combines account setup, wallet generation and identity verification into a single flow, allowing the agent to begin transacting after installation.

The move comes as payment groups and technology companies test how AI software might complete commercial tasks for consumers. OwlTing cited research from McKinsey & Company estimating that agentic commerce could account for between USD $3 trillion and USD $5 trillion in global consumer commerce by 2030.

Regulated model

OwlTing is seeking to distinguish its offer by linking the wallet to the payment and compliance infrastructure it already uses in its business. Transactions initiated through the wallet run on the same settlement and compliance framework as its enterprise and consumer payment services.

According to OwlTing, that framework includes money transmitter licences in 40 US states. It also includes an existing Visa Direct integration that allows eligible US debit cardholders to fund USDC transactions.

The company argues that conventional banking and payment systems were not built for autonomous software agents. In its view, AI agents will need wallets that operate within financial rules while allowing users to retain control of their funds.

"The technology industry has been giving AI the ability to think. Our focus has been on giving AI the ability to transact under regulated rules," said Darren Wang, Founder and Chief Executive Officer, OwlTing Group.

"Every AI agent that acts on behalf of a user will eventually need a compliant wallet layer, and we believe that layer should be backed by genuine licensing infrastructure, user-controlled custody, and payment rails designed for real-world transactions. We spent years building this foundation across 40 US states, precisely so that when AI agents are ready to handle real money, they can do so on rails designed for compliance from the outset," Wang added.

Broader push

The wallet is part of OwlTing's broader push to build payment tools around stablecoins and AI-led transactions. The company says it now has three elements in place for what it describes as the agentic economy: merchant checkout via OwlPay Stablecoin Checkout, consumer funding via Visa Direct for eligible US debit cards, and a new wallet for AI agents.

For merchants, OwlTing has said that its checkout system supports x402, a web payment standard initially introduced by Coinbase and later placed under the Linux Foundation's stewardship. In practice, this is intended to let AI agents initiate payments more directly across online services.

The launch also reflects a broader shift in digital payments towards programmable transactions and software-driven commerce. Stablecoins have become a focus for payment providers because they can move funds across blockchain networks while maintaining a fixed value against sovereign currencies, at least in theory.

That does not remove operational and regulatory questions. Any product that allows AI systems to handle money raises issues around permissions, identity checks, liability, and user oversight, especially when transactions cross borders or span different blockchain networks.

OwlTing says the user remains in control through the self-custody structure, while the agent acts only within the scope of that authorisation. Installation is handled through a built-in agent skill, allowing an AI assistant to learn to operate the wallet without requiring separate technical configuration from the user.

The group operates from Taiwan and has subsidiaries in the United States, Japan, Poland, Singapore, Hong Kong, Thailand and Malaysia. Beyond payments, it also runs businesses in hospitality and eCommerce.

AI agents can currently use the wallet to generate addresses, make transfers, check balances, and monitor transactions across the Ethereum, Stellar, and Solana ecosystems.