Crossmint

Crossmint is a developer platform for stablecoin wallets and payments. Banks, fintech apps and AI agent builders use its single API to add wallets, card top-ups, bank cash-outs and cross-border payouts. It also sells payment tools for AI agents. Crossmint pays the network fees and runs the compliance checks in the background. Users never see a seed phrase or pay gas. The company says more than 40,000 businesses and developers use it, including MoneyGram, Western Union, Wirex and Tala. It works on more than 50 chains. Solana is one of its main networks for enterprise payments.

How Crossmint works: one API for wallets, ramps and payouts

Crossmint bundles the pieces a company needs to move money on a blockchain. A fintech calls one API to create a wallet, fund it with a card, send stablecoins abroad and cash out to a bank. Crossmint pays the network fees and bills the company in dollars or euros.

Without a provider like this, you would need a wallet vendor, a card processor, an ID-check service and a licensed partner in each country. Crossmint holds the licences and runs the checks itself. That covers ID checks on people and businesses, sanctions screening and the Travel Rule, which says sender details must travel with a payment. The Solana Foundation's case study calls this the full stack, from wallet to payout, in one integration.

The platform has two ways in. You can drop in Crossmint's ready-made screens, or call the API directly and build your own interface.

Crossmint wallet: embedded, treasury and agent wallets

A Crossmint wallet is a smart contract wallet. It is a small program on the blockchain that holds funds and follows rules, instead of a single private key. On Solana these wallets run on Squads smart accounts through the Squads API. Crossmint was the first partner to use it. The wallets support spending limits, more than one signer and account recovery.

Crossmint's architecture docs split control into two layers. Signers approve everyday payments. A signer can be a key on your phone, a passkey or a key on the app's server. Recovery methods, such as a code sent by email or text, can replace those signers. In September 2026 Crossmint added WhatsApp codes as another option. The wallet lives on-chain, so an app can switch providers and keep the same address.

There are three wallet types:

• Embedded wallets sit inside a consumer app and are set up when you sign up.
• Treasury wallets hold company funds. Staff get set roles, and payments can need several approvals.
• Agent wallets give an AI agent a stablecoin balance it can spend within set limits.

Is a Crossmint wallet custodial or non-custodial?

It depends on how the app sets it up. Crossmint's custody guide says custody comes down to who controls the keys. If only you hold the phone key and the recovery method, the wallet is non-custodial. If the company holds the keys, it is custodial. If both must sign, it is a hybrid. The guide warns that whoever controls recovery can add or remove signers. So if the app controls recovery, the wallet is not fully yours, even with a key on your phone.

Crossmint onramp, offramp and checkout: buying crypto with a card or Apple Pay

Crossmint Onramp lets you top up a wallet with a card, Apple Pay or Google Pay without leaving the app. It went live worldwide on 2 September 2026 in more than 160 countries. Crossmint runs the ID checks. It also takes the loss if a card payment is later reversed.

Several apps have added it since. They include the Laso Finance agent wallet, the Cede Arena trading game, the AntSeed AI market and the Pálpito prediction market in Latin America. The offramp does the reverse: it turns stablecoins into local cash paid to a bank account.

Token Checkout is the older product, built for one-click token buys by card. It powered the fomo trading app. The Solana Foundation says fomo passed $4 billion in volume through it.

What is the CROSSMINT* charge on my bank statement?

A "CROSSMINT*" charge with a reference number is a token or stablecoin bought by card inside an app that uses Crossmint. The app's own name does not appear on the statement. Crossmint's help centre says each order sends a receipt email naming the app. A "PENDING" line is a card hold, not a finished payment. If you don't know the charge, call your bank first.

Crossmint stablecoin payouts and orchestration

Stablecoin orchestration is how Crossmint sends money across borders. A company sends a payout. Crossmint swaps the currency, picks the route and pays out at the other end. Its pricing page lists payouts to more than 170 countries.

This is the product the big money firms use. MoneyGram, Wirex and Tala all run on Crossmint wallets and payouts. On 10 September 2026 a MoneyGram card from Rain went live. MoneyGram users can now spend the dollar balance in their Crossmint wallet anywhere Visa works. That card runs on Stellar, not Solana. The same month, Crossmint said Tala had launched on-chain loans for its customers in Mexico.

Crossmint AI agent payments: agent cards, wallets and checkouts

Crossmint sells three tools that let an AI agent spend money for you. Agent cards turn your saved bank card into a limited card the agent can use. The agent never sees your real card number, and you can cancel it at any time. Agent wallets hold stablecoins for small pay-per-use payments over the x402 and MPP protocols. Agent Checkouts, launched on 25 September 2026, lets an agent buy from almost any online store through one API.

The agents docs say every spending limit is set in advance and can be revoked. Visa and Mastercard enforce card limits. The blockchain enforces wallet limits. The card product was built with Visa Intelligent Commerce and Basis Theory. It works with eligible US-issued Visa cards. In September 2026 Crossmint added a secure card vault, so agents can pay with any stored card.

Crossmint is a founding member of the Agentic Payments Alliance, launched in August 2026. It is also in the first group of Mastercard's Start Path programme for agent payments. It built GOAT, an open-source toolkit that connects AI agents to on-chain actions.

Crossmint on Solana

Solana is one of Crossmint's main chains for business payments. In March 2026 Crossmint joined the Solana Developer Platform as its wallet and payments partner. Big firms such as Worldpay and Western Union use that platform. Through Crossmint, they get wallets, card top-ups, stablecoin sends, free gas for users and payouts.

Western Union is one example. The Solana case study says it uses Crossmint's wallet and payment tools to support its USDPT stablecoin on Solana. The case study also points to Solana's Token Extensions. These put rules, like private transfers, into the token itself. Crossmint co-founder Rodri Fernández Touza said of enterprises: "What they lack is a clear path to production. That's the gap we fill."

Developers can also sign Solana payments with Crossmint keys through Solana Keychain. That is a Solana Foundation code library. Its v2 release came after an OtterSec audit.

Crossmint pricing and fees

Crossmint wallets are free for the first 1,000 monthly active wallets, then start at $0.025 per active wallet, per its pricing page. A wallet counts as active in any month it appears in an API request.

Onramps, offramps, checkout and payouts charge a fee per transaction, with volume discounts. The fee varies by card type, country, currency and chain. For onramps, the user usually pays it as a convenience fee, though the app can choose to cover it. Token minting starts at $0.01 per action. Large customers negotiate custom pricing through sales.

Who Crossmint is for

Crossmint is best for fintechs, neobanks, money transfer firms and AI agent builders. It suits teams that want stablecoin features but don't want to get crypto licences of their own. The licences are the main reason to pick it over a wallet-only tool. It is also one of the few wallet providers with smart contract wallets on Solana.

It is a weaker fit for a small team that only needs a simple wallet login. Per-wallet fees and sales calls add cost a lighter tool avoids. It is also not a consumer app. As an individual, you meet Crossmint inside another app, and your account is with that app.

Is Crossmint safe? Licences, custody and risks

Crossmint is a licensed company, but your risk depends on how your app set up its wallets. It holds a MiCA licence from Spain's CNMV, which covers the whole EU. It is also a payment institution licensed by the Bank of Spain. It is registered as a Money Services Business in the US. Since August 2026 it has also been registered in Canada. It reports SOC 2 Type II controls.

On Solana, code safety rests mostly on Squads. Squads says its Smart Account Program was audited by OtterSec and formally verified by Certora. We found no public audit of Crossmint's own systems. SOC 2 covers company controls, not contract code. Compass lists no Crossmint-owned Solana programs, so we could not check who can upgrade them.

The main recent dispute is about checkout. In September 2026 The Block reported that memecoin buys through Crossmint on fomo and Robinhood Wallet were coded as digital media. That let buyers earn card rewards. Visa told processors to stop. The Block said New York's Attorney General was looking into it. In a 29 September 2026 statement, Crossmint said it had no notice of any probe and was in good standing with Visa and Mastercard.

Two points for users. Crossmint can't reverse a token buy once it is on-chain. If a scam site used your card, the refund goes through your bank. And if the app controls recovery, the app can move your wallet.

Crossmint vs Privy and other alternatives

The main choice is between an all-in-one licensed platform and a wallet-only kit. Privy, owned by Stripe, uses plain key-based wallets kept safe in secure hardware. Its smart wallets work only on EVM chains, per Crossmint's own comparison. Read that as a rival's view. Crossmint offers smart contract wallets on Solana and adds top-ups, payouts and compliance in the same API. Privy teams usually get those from other firms, such as Bridge.

Other options include Turnkey, Dynamic and Coinbase cbBTC$81,429.89-0.9% for wallets, and MoonPay for card top-ups. Turnkey and Dynamic leave ID checks and licences to the app. That suits crypto-native teams that want control. Crossmint suits regulated fintechs that want the licences included.

Crossmint funding, founders and history

Crossmint was founded in November 2021 by Rodri Fernández Touza and Alfonso Gómez-Jordana Mañas. Gómez-Jordana Mañas was a Google product manager on reCAPTCHA. Crossmint started as a way to buy NFTs by card. It then moved into wallets, stablecoin payments and agent payments.

In March 2025 it raised $23.6 million in a round led by Ribbit Capital. Franklin Templeton, Nyca, First Round, Lightspeed Faction and HF0 also took part. Crossmint said its subscription revenue had grown elevenfold over the prior year. It has an office in Madrid, and its website lists Robinhood and Phantom CASH$1.000+0.0% among its customers. We found no Crossmint token.