We're excited to announce that MoonPay is partnering with WalletConnect and Ingenico to bring stablecoin payments to physical retail at global scale. MoonPay Virtual Accounts, powered by Iron, will power the on and off-ramp settlement layer for merchants accepting stablecoins directly at the point of sale.
Stablecoin payments, built for the real world
WalletConnect is the open-source protocol that securely bridges crypto wallets and decentralized applications, allowing users to approve transactions without exposing private keys. Its industry leading network connects more than 500M users through more than 700 wallets and powered more than $400 billion in transaction volume in 2025. WalletConnect Pay extends this infrastructure into physical and online commerce, enabling native stablecoin transactions that bypass traditional card networks entirely.
Ingenico is a global leader in payment acceptance and services, with tens of millions of terminals deployed in more than 120 countries. Its Android-based terminals support in-store stablecoin payments across major assets including USDC and EURC, with no new hardware required for merchants.
Together, they have built a checkout experience where customers pay directly from their mobile wallet and funds move natively on-chain to the merchant's payment provider.
Where MoonPay comes in
MoonPay Virtual Accounts, powered by Iron, will provide the fiat settlement infrastructure that completes the loop. When a customer pays in stablecoins at an Ingenico terminal, Iron will handle the off-ramp, converting stablecoin proceeds into fiat and delivering settlement through familiar banking rails.
This is precisely the use case MoonPay Virtual Accounts were built for. Fast settlement, low friction, and compliance-grade infrastructure that sits inside existing payment provider workflows, with no need for merchants to hold digital assets or change their acquirer relationships.
"The WalletConnect and Ingenico partnership creates the exact conditions where MoonPay Virtual Accounts deliver their clearest value," said Max von Wallenberg Pachaly, CEO of Iron, a MoonPay company. "Merchants need to know that when a customer pays in stablecoins, the settlement is fast, reliable, and in the currency they expect. That is what we will provide."
With WalletConnect's network, Ingenico's global terminal footprint, and MoonPay Virtual Accounts powering settlement, the infrastructure will be in place for merchants to accept digital currencies as confidently as they accept cards today.
To learn more about MoonPay Virtual Accounts, powered by Iron, visit https://www.moonpay.com/business/virtual-accounts