- 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.
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 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.”
Also read: Tether co-founder develops yield-bearing stablecoin competitor
Also read: Binance, Kraken lead $10M Series A for stablecoin startup Usual
Why it’s important
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.
