- MoonPay acquires Iron to enhance stablecoin payments, enabling faster, low-cost cross-border transactions for businesses, fintechs, and merchants.
- MoonPay expands services with Helio acquisition, Phantom partnership, and MoonPay Balance, strengthening its presence in the crypto payment ecosystem.
MoonPay has acquired Iron, an API-focused stablecoin infrastructure platform. MoonPay is increasing its impact in the crypto payments sector with this move by offering companies all-around faster and more effective payment options.
breaking news: we’ve acquired @iron, an API-first stablecoin infrastructure platform!
with Iron’s technology, we’re putting the power and speed of stablecoins into the hands of enterprises, fintechs, and global merchants pic.twitter.com/5iQK5Vo6Ia
— MoonPay
(@moonpay) March 13, 2025
MoonPay Expands Its Reach in Stablecoin Payments
MoonPay can now provide a more flexible stablecoin payment solution for worldwide businesses, fintechs, and merchants using Iron’s technologies.
Cross-border transactions can also be completed faster, at less cost, and free from the traditional banking restrictions that sometimes impede the process.
Conversely, with this purchase, MoonPay is not only broadening its influence but also proving itself as a more all-encompassing crypto-based payment platform. MoonPay gives companies wishing to use stablecoins for their transactions an easier and more efficient solution.
Building a Compliant and Innovative Crypto Network
MoonPay has made several significant moves in recent months before acquiring Iron. With a deal value of $175 million, the company had earlier also bought Helio, a Solana-based crypto payment processor. By this move, MoonPay not only raised its trading volume and market reach but also its capability in the stablecoin ecosystem.
MoonPay has also joined the Crypto Council for Innovation, which also comprises Solana Foundation, PayPal, Circle, and a16z among other giants. This indicates that MoonPay is growing more and more committed to creating an ecosystem that is not just creative but also compliant with relevant rules.
MoonPay and Phantom: Simplifying Crypto Transactions
MoonPay has increased its offerings by means of strategic alliances in addition to bolstering its infrastructure by acquisitions. CNF previously reported that MoonPay had partnered with Phantom, a crypto wallet used mostly by Solana users.
Through this partnership, Phantom users may purchase crypto assets straight from their application using MoonPay balances. This is an attempt to increase user access to the crypto world more practically by means of more seamless transactions.
MoonPay also launched MoonPay Balance in the United States. Users of the service may make simpler transactions and save money in their MoonPay balance. In the space of digital payments, this might be a paradigm-shifting event providing users more freedom without always depending on a regular bank account.
MoonPay is progressively clarifying its goal to create a crypto-based payment system that is faster, less expensive, and more accessible to everyone via these acquisitions and advancements.
MoonPay’s action might be a big influence in determining a more inclusive future for digital payments as stablecoin acceptance keeps rising.
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