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MoonPay launches enterprise stablecoin suite with M0, taps ex-Paxos leaders

The Cointelegraph β€‹

Cryptocoins News / The Cointelegraph β€‹ 112 Views

The move pushes MoonPay deeper into stablecoin infrastructure, giving issuers a ready-made stack for launching fully backed digital dollars across multiple chains.

Crypto payments platform MoonPay launched a stablecoin suite that allows companies to issue and manage stablecoins across multiple blockchains, supported by an integration with M0.

The collaboration offers enterprises a stack to launch and distribute their own stablecoins at scale, MoonPay said on Thursday. The rollout marks MoonPay’s expansion from a fiat-to-crypto on-ramp to a full-stack stablecoin infrastructure, covering issuance, ramps, swaps and payments.

"By integrating with the M0 platform, MoonPay becomes a key provider of stablecoin infrastructure, spanning on/off ramps, payments, and now custom issuance," said Luca Prosperi, co-founder and CEO of M0, a platform powering builders of application-specific stablecoins.

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