The creation of moiré patterns in crystalline solids is a powerful approach to manipulate their electronic properties, which are fundamentally influenced by periodic potential landscapes. In two-dimensional (2D) materials, a moiré pattern with a superlattice potential can form by vertically stacking two layered materials with a twist and/or finite lattice constant difference. This unique approach has led to emergent electronic phenomena, including the fractal quantum Hall effect 1-3 , tunable Mott insulators 4,5 , and unconventional superconductivity 6 . Furthermore, theory predicts intriguing effects on optical excitations by a moiré potential in 2D valley semiconductors 7-9 , but these signatures have yet to be experimentally detected. Here, we report experimental evidence of interlayer valley excitons trapped in a moiré potential in MoSe2/WSe2 heterobilayers. At low temperatures, we observe photoluminescence near the free interlayer exciton energy but with over 100 times narrower linewidths (~100 μeV). The emitter g-factors are homogeneous across the same sample and only take two values, -15.9 and 6.7, in samples with twisting angles near 60° and 0°, respectively. The g-factors match those of the free interlayer exciton, which is determined by one of two possible valley pairing configurations. At a twist angle near 20°, the emitters become two orders of magnitude dimmer, but remarkably, they possess the same g-factor as the heterobilayer near 60°. This is consistent with the Umklapp recombination of interlayer excitons near the commensurate 21.8° twist angle 7 . The emitters exhibit strong circular polarization, which implies the preservation of three-fold rotation symmetry by the trapping potential. Together with the power and excitation energy dependence, all evidence unambiguously points to their origin as interlayer excitons trapped in a smooth moiré potential with inherited valley-contrasting physics. Our results open opportunities for 2D moiré optics with twist angle as a unique control knob.