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MoonPay unveils acquisition of Iron
#MoonPay has acquired a stablecoin infrastructure firm called #Iron in a deal worth at least $100M. Following the deal, businesses can accept cross-border stablecoin payments and hold multi-currency treasuries or yield-bearing assets like U.S. Treasury bills. Furthermore, MoonPay's stablecoin payments through Iron's API-driven infrastructure will include built-in anti-money laundering safeguards, know-your-customer protocols, and other risk management measures.
MoonPay is a financial technology company that provides payment infrastructure for cryptocurrencies. It offers on-and-off-ramp products that enable users to seamlessly convert between fiat currencies and cryptocurrencies using major payment methods, including debit and credit cards, local bank transfers, Apple Pay, Google Pay and Samsung Pay.
đ theblock.co/post/346135/moonpay-acquires-stablecoin-infrastructure-firm-iron-in-a-deal-worth-at-least-100-million
#MoonPay has acquired a stablecoin infrastructure firm called #Iron in a deal worth at least $100M. Following the deal, businesses can accept cross-border stablecoin payments and hold multi-currency treasuries or yield-bearing assets like U.S. Treasury bills. Furthermore, MoonPay's stablecoin payments through Iron's API-driven infrastructure will include built-in anti-money laundering safeguards, know-your-customer protocols, and other risk management measures.
MoonPay is a financial technology company that provides payment infrastructure for cryptocurrencies. It offers on-and-off-ramp products that enable users to seamlessly convert between fiat currencies and cryptocurrencies using major payment methods, including debit and credit cards, local bank transfers, Apple Pay, Google Pay and Samsung Pay.
đ theblock.co/post/346135/moonpay-acquires-stablecoin-infrastructure-firm-iron-in-a-deal-worth-at-least-100-million
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