MoonPay launches virtual accounts in New York State to expand corporate stablecoin payment infrastructure

Crypto payment network MoonPay announced that its Iron platform has officially launched a virtual account service in New York State, supporting financial technology companies, crypto platforms, new banks and financial institutions to integrate compliant fiat currency against stablecoin infrastructure. This launch is based on Iron, an enterprise-level stablecoin infrastructure platform acquired by MoonPay in 2025. Users can collect money through ACH, wire transfer, SWIFT and other channels and automatically convert it to stablecoin, and settle it to an unmanaged wallet. In the same year, MoonPay was issued a BitLicense, a Money Transfer License and a Limited Purpose Trust License by the New York State Department of Financial Services.