MoonPay added Solana lending protocol Kamino to its PayBox AI-focused payment vault, allowing eligible users to lend tokens or borrow against crypto collateral through conversations with ChatGPT or Claude.
Kamino has around $1.3 billion in total value locked and $1 billion in active loans, according to DefiLlama. The integration lets users instruct the AI tool to supply tokens to Kamino for yield or borrow dollar-pegged stablecoin USDC against collateral supplied to the platform.
It doesn’t, however, create a new loan product. Instead, it replaces Kamino’s usual interface with a natural-language instruction to use with AI. Users can require passkey approval for every transaction or let the AI act autonomously within preset limits.
Agentic crypto use has so far centered on small, high-frequency payments for data, computing power and online tools, with Coinbase-developed x402 moving about $50 million across 165 million payments. This development allows it to manage users’ money, where an instruction can create a leveraged position that requires continued monitoring.