MoonPay Acquires Iron

MoonPay, the global leader in crypto payments, has announced the acquisition of Iron, an API-first stablecoin infrastructure platform.

This move significantly enhances MoonPay’s enterprise offerings, enabling businesses to accept stablecoin payments and unlock instant, low-cost, borderless transactions.

Transforming Cross-Border Payments for Businesses

Currently, businesses face slow, costly, and fragmented cross-border payment systems. MoonPay’s acquisition of Iron addresses these challenges by providing developer-friendly APIs that allow companies to move money in real-time, manage multi-currency treasuries, and even create new revenue streams by holding reserves in yield-bearing assets like U.S. Treasury bills.

“This acquisition is a strategic leap forward, positioning MoonPay at the forefront of enterprise-grade stablecoin solutions,” said Ivan Soto-Wright, CEO of MoonPay. “With Iron’s technology, we’re empowering enterprises, fintechs, and global merchants with instant, programmable payment solutions.”

Impact on Businesses

• Enterprises: Say goodbye to slow bank transfers, manage multi-currency treasuries, and move funds across borders in seconds.
• Fintechs & Payment Processors: Integrate stablecoin rails for fast, secure, and compliance-first payments.
• Marketplaces & Merchants: Accept stablecoins, settle instantly, and avoid the high fees associated with traditional payment networks.

The acquisition comes at a crucial moment as stablecoins, DeFi infrastructure, and regulatory clarity are converging, creating a prime environment for enterprises to adopt crypto payment solutions.

A $290 Trillion Opportunity

The global cross-border payments market is expected to surpass $290 trillion by 2030, but existing payment networks like SWIFT, Visa, and Mastercard remain slow, expensive, and outdated.

• SWIFT: 1-5 day settlements, 3-5% fees.
• Visa/Mastercard: High interchange fees.
• Stablecoins: Near-instant transactions, fees as low as 0.1%.

Businesses are increasingly adopting stablecoins to take advantage of their efficiency. In 2024 alone, stablecoin transaction volume hit $27.6 trillion, surpassing Visa and Mastercard combined.

API-First Infrastructure for Global Money Movement

Iron’s API-first approach makes integrating stablecoins as simple as embedding payments into an app. From treasury automation to real-time cross-border payouts, MoonPay now offers a comprehensive financial infrastructure built for the internet economy.

MoonPay’s Expanded Offerings:

• Stablecoin Payments: Businesses can easily on/off-ramp to stablecoins and automate payouts/pay-ins.
• Treasury & Liquidity Management: Seamlessly move, store, and earn on digital assets.
• Always-On Transactions: 24/7 money movement, eliminating banking delays.
• Regulatory-Grade Security & Compliance: Built-in AML, KYC, and risk management.

Strengthening Enterprise Solutions

This acquisition follows MoonPay’s recent purchase of Helio, Solana’s premier payment processor, further solidifying its leadership in enterprise crypto payments.

From fintech startups to Fortune 500 companies, businesses can now access API-first, enterprise-grade infrastructure to facilitate global money movement.