Telegram (AI) YouTube Facebook X
Ру
MoonPay Launches Stablecoin Issuance for Enterprises

MoonPay Launches Stablecoin Issuance for Enterprises

MoonPay introduces stablecoin issuance for corporate clients.

The payment service MoonPay has introduced a stablecoin issuance service for corporate clients.

To implement the project, the company has partnered with M0, an infrastructure platform for creating specialized stablecoins. Through this partnership, MoonPay will be able to issue dollar-pegged digital assets on multiple blockchains.

“Collaboration with M0 will accelerate our mission to rethink the global movement of money. By combining open, verifiable technologies with MoonPay’s robust infrastructure, we will make stablecoin issuance instant and accessible for any business on the planet,” said MoonPay co-founder and CEO Ivan Soto-Wright.

Corporate clients from the US, Asia, and Latin America will receive tools to create their own coins with customization and cross-network compatibility.

Stablecoins issued through MoonPay will be available across the service’s ecosystem for purchase, sale, exchange, and online payments.

The new division is led by Zach Quartler, who previously managed similar products at Paxos. He joined the company in September and has experience in creating stablecoin infrastructure for PayPal, Interactive Brokers, and MercadoLibre.

In late September, Stripe announced a similar initiative, introducing the Open Issuance solution for stablecoin issuance.

Fintech Demand for Stablecoins

Many fintech companies are showing interest in fiat-pegged digital assets.

In October, payment giant Visa added support for four stablecoins on four blockchains and partnered with the Bridge platform to issue cards linked to this type of asset.

In November, the company launched a pilot project, Visa Direct, allowing US clients to make direct cross-border payments in the stablecoin USDC to recipients’ wallets.

Mastercard, Gemini, and Ripple agreed to test card settlements in RLUSD. The former had earlier acquired the startup Zerohash, which enables the launch of fiat digital assets.

Cash App, founded by Bitcoin maximalist Jack Dorsey, announced plans to implement USDC payments based on the Solana ecosystem.

Подписывайтесь на ForkLog в социальных сетях

Telegram (основной канал) Facebook X
Нашли ошибку в тексте? Выделите ее и нажмите CTRL+ENTER

Рассылки ForkLog: держите руку на пульсе биткоин-индустрии!

We use cookies to improve the quality of our service.

By using this website, you agree to the Privacy policy.

OK