MoonPay has launched fiat-to-stablecoin digital accounts in New York, permitting companies to transform incoming funds from financial institution rails similar to ACH and SWIFT into stablecoins and settle them on to non-custodial wallets via a single API.
The product is underpinned by know-how supplier Iron and permits platforms to situation named, devoted accounts that obtain fiat and mechanically convert it into stablecoins, enabling fee, buying and selling and treasury flows with out counting on prefunded balances or a number of intermediaries.
The rollout in New York follows MoonPay’s acquisition of Iron in 2025 and builds on integrations with platforms together with Deel and Paysafe, extending its stablecoin infrastructure throughout payroll and funds networks, based on Thursday’s announcement.
MoonPay stated it obtained a BitLicense, cash transmitter licenses and a New York restricted goal belief constitution from the New York State Division of Monetary Companies in 2025, permitting it to supply the service in one of the tightly regulated crypto markets.
Supply: MoonPay
The corporate stated the accounts allow quicker settlement and programmable funds by linking conventional banking rails with blockchain-based infrastructure via a single integration.
Max von Wallenberg, CEO of Iron, instructed Cointelegraph that launching in New York permits the corporate to focus on institutional purchasers working in one of the tightly regulated monetary hubs. He stated:
New York is the middle of worldwide finance — the place the most important banks, asset managers and enterprises function… With the ability to function right here alerts we meet the best regulatory and operational requirements.
He added that demand for the product in different jurisdictions has been pushed by enterprise use instances together with payroll, treasury administration and cross-border funds, in addition to tokenized real-world asset issuers that require fiat-to-stablecoin settlement flows.
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Stablecoins cut back reliance on prefunded accounts
Main fee firms and fintechs are more and more integrating stablecoins into fee infrastructure to streamline cross-border transactions and cut back reliance on prefunded accounts.
On Tuesday, Singapore fintech Nium built-in USDC funds via Coinbase, permitting companies to ship, obtain and convert stablecoins to fiat throughout greater than 190 nations via a single platform.
The setup permits firms to fund cross-border payouts on demand utilizing stablecoins and settle in both digital property or native currencies, lowering the necessity to prefund accounts throughout a number of jurisdictions and streamlining world fee flows.
Card networks are additionally increasing stablecoin-linked fee infrastructure. In March, Visa and Stripe-owned Bridge rolled out stablecoin-linked playing cards throughout greater than 100 nations and are testing onchain settlement that will enable transactions to be settled in digital property reasonably than fiat. As of December 2025, Visa’s annualized stablecoin settlement run charge reached $4.6 billion, based on an organization spokesperson.
Mastercard has additionally moved to increase its stablecoin capabilities, agreeing to accumulate BVNK in a deal valued at as much as $1.8 billion. The acquisition is aimed toward strengthening its means to attach conventional fee rails with blockchain-based transactions, supporting use instances together with cross-border funds and enterprise payouts.
The overall stablecoin market capitalization stands at about $320 billion, based on DefiLlama knowledge.
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