MoonPay Brings Lending Capability to Solana's PayBox via Kamino Integration

MoonPay has integrated Kamino Lending into its AI-powered PayBox on Solana, allowing eligible users to lend assets or borrow against collateral through conversations with ChatGPT or Claude. The integration extends PayBox beyond payments, swaps, and bridging into collateralized decentralized finance.

AI instructions replace the usual lending interface, enabling users to supply tokens to Kamino in pursuit of yield or borrow USDC against collateral already placed in the protocol. This integration does not create a new loan product but provides a conversational route into Kamino's existing markets and transaction flow.

MoonPay said users can require passkey approval for every transaction or permit the AI agent to operate within preset limits, which is essential due to the potential for positions to change in value after execution. The rollout follows MoonPay's earlier expansion of crypto access in the United States, including its Cash App Pay integration.