MoonPay has launched its enterprise stablecoin business, integrating with M0 to issue and manage digital dollars across multiple blockchains. This partnership allows MoonPay to offer stablecoins across its global network, covering the entire stablecoin value chain from issuance to payments.

MoonPay’s co-founder and CEO Ivan Soto Wright stated that partnering with M0 accelerates their mission to redefine global money movement. The integration with M0 allows MoonPay to provide stablecoin infrastructure for on/off ramps, payments, and custom issuance, offering a secure and rapid stablecoin solution for businesses worldwide.

Zach Kwartler has been appointed as the head of Stablecoins at MoonPay, bringing his experience from Paxos to lead the enterprise stablecoin business. MoonPay aims to provide immediate access and real-world utility for stablecoins through its global distribution network, enabling businesses to deploy tailored stablecoins at scale.

Read more at Yahoo Finance: MoonPay launches enterprise stablecoin business