MoonPay will leverage its U.S. money transmitter licenses to issue and manage stablecoins for enterprise clients across multiple regions and blockchain networks.
According to its official announcement, MoonPay will begin issuing and managing stablecoins for enterprise customers, using its U.S. money transmitter licenses. The New York-based firm will offer the service to clients across the U.S., Asia, and Latin America, supporting deployments on multiple blockchains. This expands on its earlier integration with MO, aimed at enabling fully reserved digital dollars for application-level stablecoin use cases.