{"id":125014,"date":"2025-03-13T17:16:39","date_gmt":"2025-03-13T17:16:39","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=125014"},"modified":"2025-03-13T17:16:39","modified_gmt":"2025-03-13T17:16:39","slug":"moonpay-acquires-api-stablecoin-infrastructure-platform-iron","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=125014","title":{"rendered":"MoonPay acquires API stablecoin infrastructure platform Iron"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsCryptocurrency payments company MoonPay is expanding its presence in the enterprise stablecoin market with the acquisition of Iron, an API-focused stablecoin infrastructure developer, for an undisclosed amount.\u00a0<br \/>\nAccording to a March 13 announcement, the acquisition will give MoonPay\u2019s enterprise customers the ability to accept stablecoin payments instantly and at a low cost. Iron\u2019s integration also means companies can manage their stablecoin treasuries in real time and use the funds to acquire yield-bearing assets like US Treasury bonds.\u00a0<br \/>\nSource: MoonPay\u201cWith Iron\u2019s technology, we\u2019re putting the power of instant, programmable payments into the hands of enterprises, fintechs, and global merchants,\u201d said Ivan Soto-Wright, MoonPay\u2019s CEO.<br \/>\nThe Iron deal marks MoonPay\u2019s second high-profile acquisition this year. In January, the company acquired Helio, a Solana-based blockchain payment processor, for $175 million. Helio\u2019s existing integrations with Shopify and Discord give MoonPay further inroads into crypto on-ramp services and payment solutions.\u00a0<br \/>\nMoonPay isn\u2019t the only company making inroads into stablecoin payments. As Cointelegraph recently reported, Tether-backed fintech Mansa raised $10 million to further expand its cross-border stablecoin payment infrastructure.<br \/>\nRelated: Bitcoin may benefit from US stablecoin dominance push<br \/>\nBusiness integrations driving stablecoin adoption<br \/>\nAt more than $230 billion in circulation, stablecoins have become one of blockchain\u2019s most viable use cases. The industry\u2019s success is largely owed to stablecoin integrations by major fintech payment providers, according to Polygon Labs CEO Marc Boiron.\u00a0<br \/>\nIn a recent interview with Cointelegraph, Boiron said, \u201cCompanies like Stripe and PayPal integrating stablecoins is likely the primary catalyst for their growth.\u201d<br \/>\nFrom regulatory scrutiny to widespread industry adoption, the stablecoin market has grown rapidly since 2020. Source: S&amp;P GlobalBoiron said one of the industry\u2019s most promising developments is yield-bearing stablecoins, which allow holders to earn decentralized finance yield through traditional collateralization.\u00a0<br \/>\nYield-bearing stablecoin alternatives are on the cusp of a major breakthrough after the US Securities and Exchange Commission approved the first yield-bearing stablecoin security in February. The approval goes hand in hand with regulatory efforts to establish clear stablecoin laws in the United States.\u00a0<br \/>\nMagazine: Bitcoin payments are being undermined by centralized stablecoins<a href=\"https:\/\/cointelegraph.com\/news\/moonpay-acquires-api-stablecoin-infrastructure-platform-iron?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsCryptocurrency payments company MoonPay is expanding its presence in the enterprise stablecoin market with the acquisition of Iron, an API-focused stablecoin infrastructure developer, for an undisclosed amount.\u00a0 According&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/125014"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=125014"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/125014\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=125014"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=125014"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=125014"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}