MoonPay has announced its acquisition of Iron, an API-based stablecoin infrastructure platform. This move expands MoonPay’s capabilities, allowing businesses to manage multi-currency treasuries, enable instant cross-border payments, and earn revenue from yield-bearing assets.
The acquisition follows MoonPay’s recent purchase of Helio, Solana’s leading payment processor, further strengthening its position in the crypto payments sector. Iron was preparing to launch its APIs, which are designed to integrate stablecoin transactions for enterprises, fintechs, and marketplaces.
“This acquisition is a strategic step forward, positioning MoonPay at the forefront of enterprise-grade stablecoin solutions,” said MoonPay’s co-founder and CEO, Ivan Soto-Wright. “With Iron’s technology, we’re putting the power of instant, programmable payments into the hands of enterprises, fintechs, and global merchants.”
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