The service will first expand across the US, Latin America, and Asia.
MoonPay activated a stablecoin issuance service aimed at businesses. This platform functions with a complete integration of the M0 protocol. The system allows companies to create and manage digital dollars. These assets maintain full backing in U.S. dollars and operate on multiple blockchains.
This establishes MoonPay as a full-stack infrastructure provider for stablecoins. The company now handles the entire value chain from asset creation to its global distribution as a payment method. MoonPay will use its money transmitter licenses across the United States to ensure regulatory compliance.
The integration with M0 provides an architecture that supports multiple issuers and is interoperable. Businesses can launch their own customized stablecoins. These digital dollars can move across different blockchain networks. MoonPay plans to roll out the service initially in the U.S., Latin America, and Asia. These regions show growing demand for faster, lower-cost cross-border payment systems.
Kwartler has prior experience developing similar products at Paxos, where he worked on systems for PayPal’s digital asset operations. Derek Yu, who also joins from Paxos, will handle treasury and liquidity operations.
Ivan Soto-Wright, CEO and co-founder of MoonPay, stated that Kwartler’s experience in building secure and scalable products is fundamental for the company. MoonPay reached a valuation of $3.4 billion in its last funding round in 2021.
Stablecoins created on the platform will integrate immediately into MoonPay’s global network. This includes its buy and sell services, swaps, payment flows, and API tools for enterprises.
The company also recently integrated its system with pump.fun, a memecoin generator on the Solana blockchain. This integration lets users purchase cryptocurrencies directly within the application. They can use conventional payment methods like bank transfers, credit cards, and Apple or Google Pay.
