Crossmint

Crossmint is a developer platform for stablecoin wallets and payments. Fintech apps, money transfer firms and AI agent builders use one Crossmint API to add wallets, card top-ups, bank cash-outs and payouts abroad. It also sells tools that let AI agents shop for you. Crossmint pays the network fees and runs the ID checks out of sight. Users never see a seed phrase or pay gas. In October 2026 the Miami firm said more than 40,000 businesses and developers use it. They include MoneyGram, Western Union and Tala. 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 also pays the network fees, so the end user never needs to hold a token for gas. The same API works on more than 50 chains, per Crossmint's wallet docs.

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 describes it as a single end-to-end platform that replaces five or more separate vendors.

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. Since October 2026 the ID-check screens can also be restyled to match the rest of your app, per a Crossmint post on X.

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. On 18 September 2026 Crossmint said on X that it had 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 every key, it is custodial. If signing power is split so neither side can act alone, it is a hybrid.

The guide warns that a recovery method can approve payments and add or remove signers. So if the app controls recovery, Crossmint classes the wallet as hybrid, 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, per Crossmint's posts on X. They include the Laso Finance agent wallet, the Cede Arena trading game and the AntSeed AI market. On 16 October 2026 the Limitless prediction market added card and Apple Pay deposits through Crossmint. 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 powers Apple Pay token buys in the fomo trading app and in Robinhood Wallet. The Solana Foundation case study says the checkout helped drive more than $4 billion in fomo trading volume.

What is the CROSSMINT* charge on my bank statement?

A "CROSSMINT*" charge 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. The line looks like "CROSSMINT* 1234-PENDING", and the four digits are an order number, not your card number.

Crossmint's help centre says "PENDING" means your bank is holding the amount while the order runs. It does not tell you whether the charge went through. A completed charge posts with a receipt. A failed hold drops off with no receipt, which can take up to 10 business days.

To trace a charge, search your email for a Crossmint receipt, which names the app. Then check that app's history and ask anyone who shares your card or phone. If you still don't know the charge, call your bank first, then report it to Crossmint.

Crossmint stablecoin payouts, orchestration and cards

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 transfer firms use. MoneyGram, Wirex and Tala all build on Crossmint wallets and payouts. In September 2026 the MoneyGram card went live on Rain, starting in Colombia. MoneyGram users can spend the dollar balance in their Crossmint wallet anywhere Visa works. The funds behind that card move over Stellar. The same month, Crossmint and Tala launched a wallet with on-chain loans for Tala customers in Mexico.

Cards are how a stablecoin balance gets spent in shops. In March 2026 Wirex linked its card issuing to Crossmint wallets. In October Crossmint announced a partnership with Reap. Fintechs on Crossmint wallets can now offer their users Reap cards without building a card programme of their own.

Crossmint AI agent payments: Agent Commerce Toolkit, cards and checkouts

Crossmint sells tools that let an AI agent spend money for you. On 8 October 2026 it put them in one pack, the Agent Commerce Toolkit. You save your card once. The agent gets its own capped card and can buy from almost any online store. Separately, Crossmint's agent wallets hold stablecoins for small pay-per-use payments, such as paying an API per call.

The toolkit has three parts:

• A card vault stores your card. The app only gets a stand-in code, so it never sees your real card number.
• Agent cards come from Visa and Mastercard. Each has its own limit and end date, and you can cancel it at any time.
• Agent Checkouts picks a way to pay at each store. Where no quicker route exists, a browser bot fills in the checkout form.

The agents docs say every limit is set in advance and can be taken back. Visa and Mastercard enforce card limits. The blockchain enforces wallet limits.

Two more features followed in October 2026, per Crossmint's posts on X. On 15 October Crossmint said insurance cover from Harbor would come soon, so users can hand bigger purchases to an agent without approving each one. On 26 October it added shop commissions through Channel3, so an agent's buys earn its maker a cut. The Frida AI assistant is one app that uses the cards and checkout.

Crossmint is a founding member of the Agentic Payments Alliance, launched on 18 August 2026. It is also in the first agentic commerce group of Mastercard's Start Path programme. Crossmint built GOAT, a free code kit that links 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 Mastercard, Worldpay and Western Union were early users of the platform. Through Crossmint, firms on it can add wallets, card top-ups, stablecoin sends, payouts and free gas for users.

Western Union is the biggest name. The Solana case study says Western Union teamed up with Crossmint to support its USDPT stablecoin on Solana. Crossmint's wallet and payment tools plug into Western Union's own money network. The case study also points to Solana's Token Extensions. These build controls, such as private transfers, into the token itself. Crossmint co-founder Rodri Fernández Touza said of big firms: "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 free code library from the Solana Foundation, and Crossmint is one of the key services it works with. Its v2 release came after an OtterSec audit of the library.

Solana is not the only chain Crossmint backs. In October 2026 it also pitched its tools to teams building on Arc, Circle's new stablecoin chain.

Crossmint pricing and fees

Crossmint wallets are free for the first 1,000 monthly active wallets, then cost $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. So if you buy tokens by card through an app on Crossmint, expect a fee on top of the token price unless the app covers it.

Token minting starts at $0.01 per action. The pricing page lists agent cards but no public price for them. 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. On Solana, it also offers smart contract wallets with on-chain spending rules.

It is a weaker fit for a small team that only needs a simple wallet login. Past the free tier, per-wallet fees add up, and custom pricing means a sales call.

It is also not a consumer app. As an individual, you meet Crossmint inside another app, and your account is with that app. For agent developers, the card tools are the draw: one integration instead of a vault vendor, a card-network deal and a checkout bot.

Is Crossmint legit and safe? Licences, custody and risks

Crossmint is a real, licensed and venture-backed 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 and 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. Those reviews cover the Squads program that holds the funds. We found no public audit of Crossmint's own software, and SOC 2 checks company controls rather than 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 received no notice from the New York Attorney General's office and was in good standing with Visa and Mastercard.

Agent shopping carries its own risk. Forkast's October 2026 review of the Agent Commerce Toolkit said the browser-bot fallback can break on logins and bot checks. It also said the launch did not address who pays when an agent's order goes wrong. Crossmint announced its Harbor insurance plan on 15 October 2026, the day after the review, but had not said when it would go live.

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, Turnkey 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. Each key is split up and kept in secure hardware. Its smart wallets work only on Ethereum-style chains, per Crossmint's own comparison. Read that as a rival's view.

Crossmint offers smart wallets on Solana. It also adds top-ups, payouts and ID checks in the same API. Privy users can get stablecoin tools from Stripe's Bridge, but as a separate setup. Crossmint's wallet rules live on-chain. Privy checks its rules off-chain, in its signing service. That also changes what it takes to leave. A Crossmint wallet keeps its address if you switch provider. Leaving Privy means moving funds to new addresses, per the same comparison.

Other options include Turnkey, Dynamic and Coinbase's developer tools for wallets, and MoonPay for card top-ups. Each covers one slice, so an app adds other firms for the rest. That suits crypto teams that want to pick each piece. Crossmint suits regulated fintechs that want the licences built in.

Crossmint funding, founders and history

Crossmint was founded by Rodri Fernández Touza and Alfonso Gómez-Jordana Mañas. Sources differ on the year: some say late 2021, others 2022. Fernández Touza is a former McKinsey consultant, per a Checkout.com profile.

Crossmint started as a way to buy NFTs by card. It then moved into wallets, stablecoin payments and agent payments. The company is based in Miami. Its regulated EU business runs through Crossmint Europe, S.L. in Spain.

Crossmint raised $23.6 million in March 2025, 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 about twelvefold over the prior year.

CB Insights put Crossmint on its Fintech 100 list in October 2026. Crossmint said on X it was the second year in a row. Crossmint's website also lists Robinhood, Phantom CASH$0.9990.0% and OpenSea among its customers. We found no Crossmint token.