MoonPay and Base Announce Partnership to Expand Web3 Payment Infrastructure

This morning, MoonPay, the forefront Web3 infrastructure company, and Base, the layer-2 blockchain incubated by Coinbase, announced an expansion of their partnership to elevate the payments experience for apps and integrations within the Base ecosystem.

This news comes as Base's Total Value Locked (TVL) surpasses an impressive $4 billion for the first time, indicating the platform's rapid growth and rising prominence in the blockchain space.

Key highlights of the expanded collaboration include:

• MoonPay Checkout Solution Now Available: MoonPay's Buy and NFT Checkout solutions are now accessible to projects within the Base ecosystem, including the renowned NFT marketplace, OpenSea. This integration significantly enhances the ease and efficiency of transactions within the Base network, offering users a seamless payment experience.

• Boosting Accessibility with ETH and USDC On-Ramp Support: MoonPay extends its support to provide on-ramp services for Ethereum (ETH) and USDC on the Base Network, further facilitating accessibility and liquidity for users within the ecosystem.

With over 90% of Base's NFT volume transacted on OpenSea last month alone, this collaboration is poised to redefine the landscape of Web3 payments and solidify Base's position as a leading blockchain platform.

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"Our expanded Base support encompasses what users and developers value most, increasing the accessibility of our solutions across the hundreds of apps and integrations within Base’s ecosystem – including our longstanding partner OpenSea," said Ivan Soto-Wright, co-founder and CEO of MoonPay. 

"Collaborating with a trusted, builder-friendly platform like Base enables us to continue enhancing the overall blockchain experience and driving the mass adoption of Web3."

Ivan Soto-Wright, Co-founder & CEO of MoonPay

OpenSea CEO Excited for Expanded Partnership with MoonPay

OpenSea CEO and Co-Founder, Devin Finzer, added, "We are excited to collaborate with MoonPay and strengthen Base’s role as a primary choice for new and established creators seeking to reach the broadest audience."

"This expanded support is another critical step towards simplifying access to Base NFTs and setting the stage for even broader adoption," added Devin.

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For further details on MoonPay's offerings and Base's expanding ecosystem, visit MoonPay.com and Base.org.

About MoonPay

MoonPay is a trailblazing Web3 infrastructure company, empowering brands and consumers by unlocking access to next-generation transactions and digital ownership for everyone. With a comprehensive suite of offerings spanning payments, identity verification, authentication, wallets, minting, and creative strategy, MoonPay aims to remove barriers to entry and drive mass adoption of Web3 technology worldwide.