- MoonPay launched enterprise-grade stablecoin issuance with full M0 integration.
- The platform allows businesses to deploy fully reserved digital dollars across multiple blockchains.
- MoonPay now covers the entire value chain, from issuance to global payments distribution.
MoonPay has launched an enterprise-focused stablecoin platform, signaling its new strategy through a deep technical integration with M0, an open, programmable infrastructure for issuing application-specific digital dollars.
According to a press release, the move establishes MoonPay as a full-stack stablecoin infrastructure provider, offering issuance, management, distribution, payment rails, and liquidity operations under one unified umbrella.
Related: MoonPay Just Put Stablecoins Into 150 Million Stores; With Mastercard’s Help
Enterprise-Grade Stablecoin Issuance Arrives
With this newly expanded framework, MoonPay will begin issuing and managing fully reserved, dollar-backed stablecoins on behalf of its enterprise clients.
The service will leverage the company’s existing money transmitter licenses across the United States, enabling businesses nationwide to deploy their own compliant digital dollars.
The M0 integration provides a multi-issuer, interoperable architecture, enabling customized stablecoins to operate across multiple blockchains. The offering will roll out across the US, Latin America, and Asia, regions where demand for faster, cheaper cross-border payment rails continues to surge.
Leadership Strengthens for a New Phase of Growth
To lead this new phase of growth, MoonPay has appointed Zach Kwartler as Head of Stablecoins. Kwartler previously built and scaled white-label stablecoin products at Paxos, including the systems powering PayPal’s digital-asset operations. Derek Yu, also joining from Paxos, will now lead MoonPay’s treasury and liquidity operations.
Ivan Soto-Wright, CEO and co-founder of MoonPay, said that Kwartler’s experience in “building compliant, secure, and scalable stablecoin products” will be very helpful for MoonPay which is valued at $3.4 billion after its last funding round in 2021.
Over the past year, MoonPay has expanded its reach while acquiring firms such as Meso, Helio, and Iron. Notably, stablecoins created through MoonPay’s platform will be integrated immediately across its global network, including buy/sell services, swaps, deposits, checkout flows, and API tooling for enterprises.
Integration with pump.fun
The stablecoin announcement follows MoonPay’s integration with Solana-based meme coin generator Pump.fun last week. The integration enables users to purchase crypto directly inside the app using familiar payment methods like bank transfers, credit cards, Apple Pay, Google Pay, and more.
According to MoonPay, the pump.fun integration will allow the platform to deliver “a simple, fast, and accessible experience for all users with familiar, convenient payment methods.”
Related: How Crypto Wallets Are Pushing Wall Street Into a 24/7 On-chain Economy
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Source: https://coinedition.com/moonpay-enterprise-stablecoin-platform-with-m0/
