Key Takeaways

• MoonPay has expanded beyond its on/off-ramp services to launch a full-stack stablecoin suite, allowing enterprises to issue and manage custom, fully backed digital dollars.

• The new infrastructure is powered by an integration with M0, providing a complete stack covering issuance, ramps, swaps, and payments across multiple blockchains.

• The initiative is led by former Paxos leaders, with Zach Kwartler as Head of Stablecoins and Derek Yu overseeing cash/liquidity, signaling a serious entry into the competitive stablecoin infrastructure market.

MoonPay’s Pivot to Full-Stack Stablecoin Infrastructure

MoonPay is not just a place to buy crypto anymore. The crypto payments platform just announced a massive pivot, evolving from a basic fiat on-ramp into a full-stack builder for stablecoins. Their new enterprise suite is a huge deal, letting companies issue and manage their own fully backed digital dollars across any blockchain they choose. They pulled this off by teaming up with M0, a platform that focuses on building application-specific stablecoins.

The partnership gives major enterprises an all-in-one stack to launch and distribute stablecoins at scale, handling everything from issuance and ramps to swaps and payments. As Luca Prosperi, CEO of M0, put it, integrating with M0 turns MoonPay into a “key provider of stablecoin infrastructure.” This means MoonPay isn’t just a convenient middleman; they are now a foundational player in the machinery of digital money.

Tapping Paxos Expertise in a Crowded Field

To lead this whole operation, MoonPay made a brilliant move: they snagged top talent straight out of Paxos, one of the most regulated stablecoin giants. Zach Kwartler, who previously helped build Paxos’ white-label products, is now MoonPay’s new Head of Stablecoins, and he’s bringing former Paxos treasurer Derek Yu along to handle the cash and liquidity side. Hiring veteran leaders from a regulated firm is a clear sign MoonPay is dead serious about building a compliant, high-quality enterprise solution.

The timing is crucial, because the stablecoin infrastructure race is heating up fast, partially sparked by regulatory wins like the U.S. GENIUS Act in July. Everyone is fighting for market share. Just look at the DeFi exchange Hyperliquid: when they needed someone to issue their stablecoin (HYPE), they got bids from Paxos, Frax, Bitgo, and Fireblocks! MoonPay’s competitor, Fireblocks, is already expanding, having just bought the enterprise wallet Dynamic. MoonPay is now betting that its current dominance in easy crypto ramps, combined with this new expertise, will let it grab a huge chunk of this booming infrastructure market.

Final Thoughts

MoonPay’s launch of its stablecoin suite, backed by the M0 integration and led by seasoned Paxos veterans, signals a decisive shift toward full-stack crypto infrastructure. By offering a streamlined platform for custom stablecoin issuance and management, MoonPay is aggressively competing in a maturing market, moving far beyond its original role as a simple on-ramp.

Frequently Asked Questions

What key services does the MoonPay Stablecoin Suite offer?
It offers a stack covering stablecoin issuance, on/off ramps, swaps, and payments for enterprise clients.

Who is leading MoonPay’s new stablecoin initiative?
Zach Kwartler, former Paxos leader, is the new Head of Stablecoins for MoonPay.

What is the significance of the M0 integration?
The integration provides the necessary infrastructure for companies to launch and distribute their own custom stablecoins at scale.