March 13th news, according to CNBC, crypto payment giant MoonPay is increasing its entry into the corporate market by acquiring API-first stablecoin infrastructure startup Iron. This is MoonPay's second major acquisition in two months, highlighting its ambition to occupy the rapidly growing stablecoin payments market. "We think everyone has a digital currency wallet, both in a bank account and independently. And we build backward compatibility with the existing financial system," Ivan Soto-Wright, co-founder and CEO of MoonPay, said in an interview. Soto-Wright likens the acquisition to PayPal's acquisition of Braintree, which handles credit card transactions for companies such as Meta, with a total payment of nearly $600 billion last year. "This is our Braintree moment, and Iron's technology makes MoonPay a promise to become the authoritative infrastructure provider for enterprise stablecoin solutions," Soto-Wright said.