MoonPay buys German stablecoin payment infrastructure start-up Iron
MoonPay, a US-based crypto payments company, has snapped up German stablecoin infrastructure platform Iron for an undisclosed sum.
The deal marks MoonPay’s second acquisition of 2025
Founded last year, Iron offers a suite of stablecoin payment APIs built to enable companies to embed stablecoins into their payments and operations stack, as well as offer virtual accounts with stablecoin payment functionality.
MoonPay says the acquisition will allow fintechs and payment processors to easily integrate stablecoin rails, enabling businesses to deliver instant cross-border payments and handle multi-currency portfolios, while also helping marketplaces and merchants “accept stablecoins, settle instantly, and avoid the high fees of traditional payment networks”.
“With Iron’s technology, we’re putting the power of instant, programmable payments into the hands of enterprises, fintechs, and global merchants,” says Ivan Soto-Wright, MoonPay’s co-founder and CEO.
The deal marks the second acquisition for MoonPay in 2025 after the firm’s purchase of London-headquartered crypto start-up Helio, bought for a reported $175 million in January, which enables merchants to accept cryptocurrency payments.
Headquartered in Miami, MoonPay facilitates the buying, selling, and exchanging of digital assets for individuals and businesses. The company claims to serve over 30 million users across 180 countries, supporting more than 170 cryptocurrencies.
