MoonPay has acquired Iron, boosting its position in the digital payment industry and enhancing faster, secure stablecoin payments.
What Businesses Can Expect from the Deal
According to MoonPay’s co-founder and CEO, Ivan Soto-Wright, this acquisition enables enterprises, fintechs, and global merchants to access instant and programmable payments. Iron's system allows businesses to accept stablecoins from anywhere in the world and manage multiple currencies. Its built-in security features, such as anti-money laundering checks and identity verification, make it easier for companies to use stablecoins in daily transactions.
MoonPay Expands Its Crypto Services
Originally launched as a platform to buy crypto using bank cards and mobile payments, MoonPay has significantly expanded its capabilities. Iron’s technology enables businesses to accept stablecoins, make instant payments, and manage digital money across various currencies. Recently, MoonPay also acquired Helio, a Solana-based payments company, enhancing the ease of using crypto payments.
MoonPay’s Plan for the Future
MoonPay is rapidly emerging as a leader in digital payments. With approval under the European Union’s MiCA regulation, the platform has cemented its position in the European crypto ecosystem. MiCA has allowed users to interact with MoonPay’s fiat-to-crypto and crypto-to-fiat services across Europe. This approval has positioned the company to lead innovation in the region. As stablecoins gain more use in global trade, MoonPay ensures businesses have the right tools for secure and fast transactions.
With the acquisition of Iron, MoonPay is accelerating transaction processes and improving crypto payment security, creating new opportunities for global business.
