Gate News message, April 23 — MoonPay has announced the launch of Virtual Accounts powered by Iron technology in New York State, providing regulated fiat-to-stablecoin payment infrastructure for fintech companies, crypto platforms, neobanks, brokerages, and financial institutions. The service enables platforms to integrate compliant payment flows between traditional fiat and digital assets through a single API layer.
The virtual accounts accept fiat payments via ACH, wire transfers, and SWIFT, with automatic conversion to stablecoins and direct transfer to non-custodial wallets. The infrastructure consolidates payment settlement and blockchain-based transactions, designed to streamline fiat-to-stablecoin flows across payments, trading, treasury operations, and cross-border money movement. MoonPay’s acquisition of Iron in 2025 enabled the integration of enterprise-focused stablecoin infrastructure technology.
MoonPay has expanded Iron’s infrastructure through partnerships with global workforce platform Deel, serving over 40,000 businesses across the UK and EU for stablecoin payroll payments, and with Paysafe, a payments platform processing approximately $170 billion in annual transaction volume. MoonPay obtained its BitLicense, Money Transmitter Licenses, and New York Limited Purpose Trust Charter from the New York State Department of Financial Services in 2025, establishing the regulatory foundation for these expanded operations.
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