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MoonPay Unveils PayBox: Bridging AI and Real-World Payments

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MoonPay has introduced PayBox, a non-custodial payment vault that allows users to execute crypto transactions and DeFi investments via chat interfaces.

The product connects AI assistants like ChatGPT and Claude to financial operations, enabling users to perform tasks such as purchasing cryptocurrency or investing in DeFi protocols through a chat interface.

MoonPay emphasized the concept of an 'execution gap', where AI models can analyze data but lack a secure mechanism to finalize transactions. PayBox aims to bridge this gap by allowing users to complete transactions without leaving their conversation.

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