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🚨BREAKING: MoonPay just made its biggest move yet— and it’s coming for Stripe
MoonPay just acquired Iron (iron.xyz), an API-first stablecoin payments platform, in a nine-digit deal.
Iron was founded in Jan 2024.
This isn’t just another crypto acquisition. MoonPay is coming for Stripe.
đź’° Why this matters:
Stablecoins are eating payments. $27T moved through stablecoins last year—10x PayPal’s volume.
MoonPay now owns the rails. Businesses can accept, process, and settle stablecoin transactions instantly—with lower fees and no middlemen.
This isn’t just crypto anymore. Stablecoins are breaking into global commerce, remittances, and cross-border payments—and MoonPay is positioning itself as the Stripe of stablecoins.
CEO Ivan Soto-Wright puts it simply: “We think everyone is going to have a digital currency wallet, whether it’s inside of a bank account or independently. And we build a backwards compatibility to the existing financial system”
Stripe just dropped $1.1B on Bridge Network to build stablecoin payments.
MoonPay just bought the infrastructure to do the same.
The race to power the next era of money is on.
Congrats Keith A. Grossman & team
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