MoonPay, a prominent player in the crypto payment sector, has launched a new enterprise stablecoin suite in collaboration with M0, an open infrastructure provider specializing in application-specific stablecoins. This strategic move aims to provide businesses with customizable digital dollar solutions across multiple blockchains. The integration with M0 enables MoonPay to issue and manage fully reserved digital dollars, empowering enterprises to deploy interoperable stablecoins at scale.
As part of this expansion, MoonPay has appointed Zach Kwartler, formerly of Paxos, as the Head of Stablecoins, and Derek Yu, also formerly of Paxos, as its new Treasurer. Kwartler brings experience in developing and scaling white-label stablecoin products for major platforms like PayPal, Interactive Brokers, and Mercado Libre. Yu will oversee cash, liquidity, and stablecoin operations, bringing over a decade of audit and treasury experience.
The collaboration leverages MoonPay's global licensing and payments network with M0's programmable stablecoin platform. This combination aims to provide enterprises with the technology and distribution channels necessary to swiftly and securely introduce stablecoin solutions to the market. Stablecoins issued through MoonPay will be accessible across its global distribution network, including buy, sell, swap, deposit, and checkout products.
MoonPay plans to target enterprise partners in the United States, Asia, and Latin America. The stablecoin infrastructure will support fintech platforms, wallets, and payment service providers seeking to embed stablecoin functionality into their core operations. CEO and co-founder of MoonPay, Ivan Soto-Wright, stated that the integration with M0 aligns with the company's mission to modernize global money movement. M0's CEO, Luca Prosperi, added that the collaboration positions MoonPay as a key provider of multi-issuer, programmable stablecoin infrastructure. M0's platform is designed to support application-specific digital dollars across various builders and institutions.
This initiative builds upon MoonPay's previous acquisitions of Meso, Helio, and Iron, expanding its capabilities to offer issuance, ramps, swaps, and payments in a single stack. MoonPay's comprehensive suite now covers the entire stablecoin value chain, from issuance to payments.
The launch comes at a time when stablecoins are gaining traction in the global payments landscape. Several major payment platforms are experimenting with stablecoins, recognizing their potential as a competitive necessity. Regulatory clarity in regions like the U.S. and EU, along with increasing enterprise infrastructure readiness, are accelerating the adoption of stablecoins. MoonPay's move into white-label issuance reflects the growing demand for custom stablecoins that are programmable, branded, and tailored to specific infrastructure needs.
