News linked to both this project and an event.
According to updates on the 1inch Card FAQ page, the 1inch Card project will gradually cease operations, with new user registration officially closed as of now, while existing cards and accounts remain normally accessible in the short term. 1inch advises cardholders to withdraw or spend their card balances as soon as possible, with all operations to be completed no later than December 18, 2026. Funds on the card are held in custody by the licensed e-money institution Monavate, and account and card issuance technical services are provided by Crypto Life (CL). Even if the aforementioned deadline is missed, according to the issuer's terms, remaining e-wallet funds can still be redeemed within a maximum period of six years after account closure.
According to The Block, MoonPay has launched the stablecoin debit card “MoonAgents Card,” enabling AI agents and users to spend directly from on-chain wallets. The card is integrated with the Mastercard network and issued by Monavate, a regulated global payment platform.