We’re thrilled to announce the launch of our enterprise stablecoin business as part of our continued evolution into a global payments network.
As part of this expansion, we’ve integrated with M0, the open infrastructure powering builders of application-specific stablecoins. The integration enables us to issue and manage fully reserved digital dollars across multiple blockchains, giving partners the tools to deploy customized and interoperable stablecoins at scale.
Stablecoins issued through MoonPay will be available across our global distribution network – spanning buy, sell, swap, deposit, and checkout products – providing immediate access and real-world utility. Alongside the capabilities gained through our Iron acquisition, MoonPay now covers the entire value chain: issuance, ramps, swaps, and payments.
“Partnering with M0 accelerates our mission to redefine how money moves globally,” said Ivan Soto-Wright, CEO and co-founder of MoonPay. “By combining open, verifiable technology with MoonPay’s trusted infrastructure, we’re making stablecoin issuance instant and accessible to every business on the planet.”
The partnership provides enterprises with the technology and distribution needed to bring stablecoin solutions to market quickly and securely.
“By integrating with the M0 platform, MoonPay becomes a key provider of stablecoin infrastructure, spanning on/off ramps, payments, and now custom issuance," said Luca Prosperi, CEO and co-founder of M0. “M0 is building an open, multi-issuer, programmable, and interoperable digital dollar platform, and MoonPay’s participation accelerates our ability to deliver the infrastructure that crypto, fintech, and institutional builders need worldwide.”
We’re also proud to announce we’ve appointed Zach Kwartler as Head of Stablecoins to lead our enterprise stablecoin business. Zach joins MoonPay from Paxos, where he built and scaled white-label stablecoin and crypto infrastructure products powering platforms such as PayPal, Interactive Brokers, and Mercado Libre.
Read our full announcement here.