MoonPay Launches Virtual Accounts in New York to Expand Enterprise Stablecoin Payment Infrastructure
MoonPay, a cryptocurrency payment network, announced that its Iron platform has officially launched virtual account services in New York State, enabling fintech companies, crypto platforms, neobanks, and financial institutions to integrate compliant fiat-to-stablecoin infrastructure.
This launch follows MoonPay’s 2025 acquisition of Iron, an enterprise-grade stablecoin infrastructure platform. Users can receive funds via ACH, wire transfer, SWIFT, and other channels, with automatic conversion into stablecoins settled directly into non-custodial wallets. In the same year, MoonPay obtained New York State Department of Financial Services (NYDFS) licenses—including a BitLicense, a money transmitter license, and a limited-purpose trust charter.