MoonPay has announced the launch of its enterprise stablecoin business, marking a significant step in its evolution into a comprehensive global payments network. This expansion includes an integration with M0, an open infrastructure that facilitates the creation of application-specific stablecoins.
This new integration empowers MoonPay to issue and manage fully reserved digital dollars across various blockchains, enabling businesses to deploy customized and interoperable stablecoins at scale. By merging MoonPay’s extensive global licensing with M0’s advanced, programmable stablecoin platform, the partnership provides enterprises with the technology necessary to swiftly and securely roll out stablecoin solutions.
Targeting key markets such as the United States, Asia, and Latin America, MoonPay’s stablecoins will be accessible through its global distribution network, which includes features for buying, selling, swapping, depositing, and checkout. This will ensure that enterprises, fintech companies, digital wallets, and payment service providers can seamlessly integrate stablecoins into their core operations. The company’s acquisition of Iron enhances its capabilities, allowing it to cover the entire value chain—from issuance to transaction processing.
Ivan Soto-Wright, MoonPay’s CEO and co-founder, emphasized the significance of the partnership with M0, stating, “Partnering with M0 accelerates our mission to redefine how money moves globally.” He noted that the combination of open technology with MoonPay’s trusted infrastructure will make stablecoin issuance accessible to businesses worldwide.
Luca Prosperi, CEO and co-founder of M0, remarked that the integration fortifies MoonPay’s position as a primary provider of stablecoin infrastructure, extending its services across on/off ramps, payments, and custom issuances. He highlighted M0’s goal of building a versatile, multi-issuer platform for programmable digital dollars, asserting that MoonPay’s involvement will expedite the delivery of essential infrastructure for builders in the crypto and fintech space.
To spearhead this initiative, MoonPay has appointed Zach Kwartler as Head of Stablecoins. Kwartler previously worked at Paxos, where he developed and scaled stablecoin and crypto infrastructure products for major platforms like PayPal and Mercado Libre. Additionally, the company has welcomed Derek Yu as Treasurer, who will oversee cash and liquidity operations. Yu also comes from Paxos, bringing extensive experience in treasury management.
Soto-Wright commented on the transformative potential of stablecoins within blockchain technology, highlighting Kwartler’s expertise in building compliant and secure products as crucial for MoonPay’s mission to deliver high-quality solutions globally.
This stablecoin initiative is a part of MoonPay’s larger transformation into a comprehensive crypto payments network. Recent acquisitions, including Meso, Helio, and Iron, have enhanced MoonPay’s capabilities to unify banks, card networks, stablecoins, and blockchains. With extensive licensing coverage and deep integration with its product suite, MoonPay presents a complete and compliant infrastructure for enterprises to manage stablecoins globally.
Established to simplify access to cryptocurrencies through everyday payment methods such as cards, Apple Pay, PayPal, and Venmo, MoonPay has become a critical player in mainstream crypto adoption, serving 30 million customers and supporting around 500 companies within the decentralized economy. The company is licensed in the U.S. and regulated across the UK, EU, Canada, and Australia, ensuring enterprise-grade security in its offerings.
