PANews news on April 30, according to The Block, Tether invested in the wallet startup Oobit, which launched virtual “Agent Cards”, allowing AI agents to directly use USDT balances for purchases at all online merchants that support Visa, without the need to exchange for fiat currency first, nor requiring manual approval for each transaction. The card is “one for each agent”, with limits set based on category, single transaction, and single merchant spending, and no manual “forced approval” channels to control risk. All transactions (including declined ones) generate automatic reimbursement records with readable reasons. Oobit claims this provides infrastructure for future autonomous financial operation scenarios. Tether is the largest shareholder of Oobit, having led its 250 million A round financing in 2024.

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