The cryptocurrency payment network MoonPay has announced the official launch of its Iron platform’s virtual account services in New York State. This development aims to assist fintech companies, cryptocurrency platforms, neobanks, and financial institutions by providing them with a compliant fiat-to-stablecoin infrastructure.
The launch of these services is a direct result of MoonPay’s acquisition of the enterprise-grade stablecoin infrastructure platform Iron back in 2025. With this powerful integration, users will be able to receive payments through various channels, including ACH, wire transfer, and SWIFT. These payments can be automatically converted into stablecoins, which will then be settled in non-custodial wallets.
In a further boost to its operations, MoonPay has also secured a BitLicense, a money transmission license, and a limited purpose trust license from the New York State Department of Financial Services during the same year. This regulatory approval will enable the company to expand its offerings and provide a secure and compliant environment for its clients in the fintech and cryptocurrency space.
As demand for seamless crypto transactions continues to grow, MoonPay’s new services are expected to enhance the efficiency and accessibility of digital currency transactions in a regulatory-compliant manner.
