MoonPay Launches Virtual Account Service in New York, Strengthening Enterprise-Level Stablecoin Payment Infrastructure

BroadChain learned that at 05:00 on April 24, MoonPay, a cryptocurrency payment network, announced on April 23 that its Iron platform's virtual account service has officially launched in New York State. The service allows fintech companies, crypto platforms, digital banks, and traditional financial institutions to integrate compliant fiat-to-stablecoin channels. Users can receive funds via ACH, wire transfer, SWIFT, and other channels, which are automatically converted into stablecoins and settled directly to non-custodial wallets.

Previously, MoonPay acquired the enterprise-level stablecoin infrastructure platform Iron in 2025 and obtained the BitLicense, money transmitter license, and limited purpose trust charter from the New York State Department of Financial Services in the same year.