MoonPay Launches Virtual Accounts in New York
Enabling compliant stablecoin capabilities in one of the world’s leading financial markets
By Team MoonPay
Published on Apr 22, 2026
Last modified on Apr 23, 2026
We’re thrilled to announce that we are now offering Virtual Accounts, powered by Iron, in New York State!
Fintechs, crypto platforms, neobanks, brokerages, and financial institutions can now integrate compliant fiat-to-stablecoin infrastructure for businesses and end users – whether they operate within New York or serve businesses, counterparties, or end users based in the state.
Virtual Accounts enable platforms to issue named, dedicated accounts to end users that can receive fiat funds via local and international payment rails such as ACH, Wire, and SWIFT. Incoming funds are automatically converted into stablecoins and settled directly into users’ non-custodial wallets. By connecting traditional payment methods with blockchain-based settlement through a single API, Virtual Accounts enable fiat-to-stablecoin flows across payments, trading, treasury, and global money movement.