Miami – MoonPay, the global leader in crypto payments, continues to strengthen its position in the digital finance ecosystem with two major announcements this week.
Firstly, MoonPay has received approval for a Money Transmitter License (MTL) from the Wisconsin Department of Financial Institutions. This milestone is a testament to MoonPay's commitment to providing compliant, consumer-first solutions for its growing base of users across the U.S. Wisconsin, which made headlines last year as the first U.S. state to purchase Bitcoin, now joins the list of states where MoonPay is licensed to operate.
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The Wisconsin MTL strengthens MoonPay’s regulatory standing and allows Wisconsin residents full access to top up their MoonPay balances, offering them a seamless experience to purchase crypto with zero fees from MoonPay (note: ecosystem and network fees still apply).
"At MoonPay, we’re forging a compliant, consumer-first path to unlocking crypto for users all over the world. Earning our Wisconsin MTL strengthens our position in the market as a fully-regulated platform, and further solidifies our commitment to iron-clad compliance.”
MoonPay’s co-founder and CEO, Ivan Soto-Wright
MoonPay Expands Crypto Leadership with Iron Acquisition
The second announcement highlights MoonPay’s acquisition of Iron, an API-first stablecoin infrastructure platform. This acquisition significantly expands MoonPay's enterprise-grade offerings, allowing businesses to seamlessly accept stablecoin payments.
The move enables businesses to unlock instant, low-cost, and borderless transactions, with the ability to manage multi-currency treasuries and hold reserves in yield-bearing assets like U.S. Treasury bills.
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"This acquisition is a strategic step forward, positioning MoonPay at the forefront of enterprise-grade stablecoin solutions," Soto-Wright added. "With Iron’s technology, we’re putting the power of instant, programmable payments into the hands of enterprises, fintechs, and global merchants."
What This Means for Businesses
Enterprises: Eliminate slow bank transfers, manage multi-currency treasuries, and move funds across borders in seconds.
Fintechs & Payment Processors: Integrate stablecoin rails for fast, secure, and compliance-first payments.
Marketplaces & Merchants: Accept stablecoins, settle instantly, and avoid the high fees of traditional payment networks.
Iron’s API-first infrastructure makes it easier than ever to integrate stablecoins for businesses, automating treasuries and facilitating real-time payouts across borders. This acquisition aligns with the growing trend in the adoption of stablecoins, as regulatory clarity and DeFi infrastructure converge, creating an ideal environment for enterprises to adopt crypto payment solutions.
A $290 Trillion Opportunity
The global cross-border payments market is expected to exceed $290 trillion by 2030. However, traditional payment networks like SWIFT, Visa, and Mastercard remain slow and costly:
SWIFT: 1-5 day settlements, 3-5% fees
Visa/Mastercard: Expensive interchange fees
Stablecoins: Near-instant transactions, fees as low as 0.1%
In 2024, stablecoin transaction volume hit $27.6 trillion, surpassing the combined transaction volume of Visa and Mastercard. Businesses are racing to integrate stablecoin solutions as a way to access faster, cheaper, and more scalable cross-border payment options.
MoonPay's New Offerings and Benefits for Businesses
Stablecoin Payments – Businesses can now on/off ramp to stablecoins and make automated payouts and pay-ins.
Treasury & Liquidity Management – Move, store, and earn on digital assets seamlessly.
Always-On Transactions – 24/7 money movement, eliminating banking delays.
Regulatory-Grade Security & Compliance – Built-in AML, KYC, and risk management protocols.
This acquisition follows MoonPay’s recent purchase of Helio, Solana’s premier payment processor, further enhancing its enterprise crypto payment capabilities.
MoonPay’s growing suite of services now supports businesses of all sizes—from fintech startups to global enterprises—by providing them with an API-first, full-stack financial infrastructure for real-time money movement across the world.
About MoonPay
MoonPay simplifies access to the crypto economy for over 30 million verified accounts across 180+ countries, empowering individuals and businesses to move digital value globally. As the market leader in end-to-end solutions, MoonPay is trusted by global brands to enable the creation and movement of digital assets with full regulatory compliance.
For more information about MoonPay’s services, please visit MoonPay Hub.
