MoonPay Launches Enterprise Stablecoin Payment Infrastructure

MoonPay, a famous fintech firm for payment solutions for stablecoins, has launched MoonPay Enterprise. MoonPay Enterprise is an inclusive stablecoin infrastructure entity to streamline worldwide payment activities for banks, merchants, fintech firms, and businesses. As MoonPay revealed in its official press release, the rollout represents its top expansion plan since the Iron acquisition in March last year. Developed on the API-first infrastructure of Iron, MoonPay Enterprise merges diverse stablecoin payment operations into an inclusive integration.

MoonPay stablecoin

MoonPay Enterprise Goes Live to Simplify Global Stablecoin Payments

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MoonPay Enterprise’s launch focuses on removing the requirement for businesses to depend on diverse service providers in the case of settlement and payment processes. With this, MoonPay is set to drive stablecoin payment activities for different enterprise partners around the world. The move highlights Iron’s rebranding at MoonPay Enterprise.

The platform’s founder, Max von Wallenberg, who is now MoonPay Enterprise’s CEO, expressed enthusiasm about this development, calling it the culmination of the years-long development. He also reaffirmed the plan for establishing the foundation for more services and products with the new platform in the future. Particularly, MoonPay Enterprise lets organizations gather fiat payments via regional banking rails like SWIFT, PIX, FPS, SEPA, ACH, as well as other compatible networks.

Apart from that, users can automatically convert incoming funds into stablecoins via just one API, eliminating the complexity of incorporating separate blockchain infrastructure and payment processors. The platform also lets consumers leverage institutional-scale liquidity when it comes to treasury management, platform funding needs, and over-the-counter conversions. Moreover, the infrastructure permits businesses to seamlessly distribute around the world with payment settlement in regional fiat currencies or stablecoins through a built-in issuance framework.

Fortifying Compliant Stablecoin Adoption among Enterprises

According to Ivan Soto-Wright, the CEO and Founder of MoonPay, businesses require an inclusive platform to enable the issuance, movement, and conversion of value without the management of diverse vendors. Additionally, MoonPay Enterprise uses the platform’s existing compliance footprint. This takes into account U.S. money transmitter licenses, registrations in Jersey and the UK, MiCA authorization in the EU, and a New York BitLicense.

Overall, with MoonPay Enterprise’s rollout, the platform attempts to advance stablecoin payments adoption among enterprises by offering a compliant and inclusive entity that streamlines worldwide financial operations.

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