Trends

MoonPay acquires Iron to expand stablecoin payment solutions

What happened: MoonPay acquires Iron to strengthen enterprise stablecoin payment solutions Cryptocurrency payments company MoonPay has expanded its enterprise stablecoin offerings with the acquisition of Iron, an API-driven stablecoin infrastructure provider. Announced on 13 March 2025, the deal wil…

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Headline

What happened: MoonPay acquires Iron to strengthen enterprise stablecoin payment solutions Cryptocurrency payments company MoonPay has expanded its enterprise stablecoin offerings with the acquisition of Iron, an API-driven stablecoin infrastructure provider. Announced on 13…

Context

Cryptocurrency payments company MoonPay has expanded its enterprise stablecoin offerings with the acquisition of Iron, an API-driven stablecoin infrastructure provider. Announced on 13 March 2025, the deal will allow MoonPay’s enterprise customers to accept low-cost stablecoin payments instantly and manage their stablecoin treasuries in real time. Iron’s technology enables businesses to use stablecoin reserves for yield-generating investments, such as US Treasury bonds. According to MoonPay CEO Ivan Soto-Wright, the acquisition puts “the power of instant, programmable payments into the hands of enterprises, fintechs, and global merchants.”

Evidence

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Analysis

Also read: Tether co-founder develops yield-bearing stablecoin competitor Also read: Binance, Kraken lead $10M Series A for stablecoin startup Usual The acquisition of Iron reinforces MoonPay’s growing focus on stablecoin payments, a sector that continues to gain traction in the financial industry. Stablecoins have become one of blockchain’s most widely used applications, with over $230 billion in circulation. Fintech companies such as Stripe and PayPal have also integrated stablecoin payments, further accelerating adoption. According to Polygon Labs CEO Marc Boiron, these integrations have been a primary driver of stablecoin growth, particularly with the emergence of yield-bearing stablecoins.

Key Points

  • MoonPay has acquired API-focused stablecoin infrastructure provider Iron, allowing businesses to accept stablecoin payments instantly and manage their treasuries in real time.
  • The deal marks MoonPay’s second major acquisition in 2025, following its $175 million purchase of Helio, a Solana-based blockchain payment processor.

Actions

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Author

Juno Chen