MoonPay has announced the acquisition of Iron, an API-driven stablecoin infrastructure platform, to enhance its business offerings. This acquisition enables enterprises to manage multi-currency treasuries, facilitate instant cross-border payments, and generate new revenue through yield-bearing assets. Following its recent acquisition of Helio, Solana’s leading payment processor, MoonPay continues to strengthen its presence in the crypto payments sector. With Iron’s technology, businesses can integrate stablecoin solutions, ensuring faster, more secure, and cost-effective transactions.
The acquisition benefits various industries, including enterprises that can move funds efficiently without relying on slow bank transfers. Fintech firms and payment processors can integrate stablecoin payment systems while maintaining compliance, and merchants can accept stablecoins with instant settlements, avoiding the high costs of traditional payment networks. MoonPay’s Co-Founder and CEO, Ivan Soto-Wright, emphasized that this move positions the company at the forefront of enterprise-focused stablecoin solutions. As stablecoins and decentralized finance gain momentum alongside regulatory developments, MoonPay’s expansion with Iron aims to improve financial transactions for businesses worldwide.
