MoonPay Teams With WalletConnect and Ingenico on Global Stablecoin Retail Payments

The partnership aims to bring stablecoin payments to physical retail locations, with MoonPay Virtual Accounts supporting fast fiat settlement.

Summary

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Terms & Concepts
  • Stablecoin: A cryptocurrency designed to maintain a stable value, typically by being pegged to a fiat currency such as the U.S. dollar.
  • Fiat settlement: The process of completing a transaction in government-issued currency rather than in cryptocurrency.
  • WalletConnect: A crypto connectivity protocol that links digital wallets to apps and services securely.