MoonPay Expands Into Enterprise Stablecoin Issuance With M0 Integration
MoonPay has entered the enterprise stablecoin market through a partnership with M0, enabling businesses to issue and manage digital dollars across multiple blockchains. The collaboration leverages M0's open stablecoin infrastructure to offer customizable, fully reserved stablecoins at scale, targeting enterprises in the U.S., Asia, and Latin America.
The stablecoins will be accessible via MoonPay's existing distribution network, which includes buying, selling, swapping, and payment services. Combined with capabilities from MoonPay's recent acquisition of Iron, the company now provides end-to-end infrastructure for issuance, on-ramps, swaps, and payments.
"By combining open, verifiable technology with MoonPay's trusted infrastructure, we're making stablecoin issuance instant and accessible to every business on the planet," said Ivan Soto-Wright, CEO and co-founder of MoonPay.
Zach Kwartler, formerly of Paxos, has been appointed head of stablecoins to lead the initiative. Kwartler's experience includes developing white-label stablecoin products for major platforms like PayPal and Mercado Libre. MoonPay also recently hired Derek Yu from Paxos as treasurer to oversee liquidity management.