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New York, April 23, 2026.
MoonPay, the global crypto payments network serving over 30 million customers and 500+ enterprises, has officially launched Virtual Accounts in New York.
The move brings compliant, enterprise-grade fiat-to-stablecoin rails to one of the world’s most regulated financial markets, allowing fintechs, crypto platforms, neobanks, brokerages, and financial institutions to issue named virtual accounts that automatically convert incoming fiat deposits into stablecoins.
Key Takeaways
- Compliant NY Access: Enterprises can now serve New York-based clients or operate within the state with fully licensed fiat-to-stablecoin infrastructure.
- Instant Conversion & Settlement: Fiat deposits via ACH, wire, or SWIFT are automatically swapped to stablecoins and delivered to non-custodial wallets.
- Single API Integration: Connects traditional payments with blockchain settlement for payments, trading, treasury, and global transfers.
- Enterprise Scalability: Powered by Iron’s embedded onboarding, liquidity, and operations, reducing overhead for fintechs and neobanks.
- Proven Momentum: Recent integrations include Deel (enabling stablecoin payroll for 40,000+ businesses) and Paysafe (nearly $170 billion in annual transaction volume).
The product, powered by Iron, the API-first stablecoin infrastructure platform MoonPay acquired in 2025, enables seamless settlement directly into users’ non-custodial wallets.
Platforms can now connect traditional banking rails with blockchain settlement through a single integration, streamlining payments, trading, treasury management, and global money movement.
“The ability to offer this product to residents of New York allows us to bring stablecoin infrastructure directly into one of the most important financial ecosystems globally,” said Max von Wallenberg, CEO of Iron. “Platforms can now offer Virtual Accounts and fiat-to-stablecoin capabilities to their customers, whether they are based in New York or serving customers in the state. This is a key step toward making stablecoin infrastructure a standard component of modern financial services.”
How Virtual Accounts Work
Businesses and platforms integrate MoonPay’s Virtual Accounts via a unified API. End users receive a dedicated, named USD virtual account. Funds arriving via ACH, wire transfer, SWIFT, or other supported rails are automatically converted to stablecoins and settled instantly into non-custodial wallets.
Iron handles onboarding, liquidity, banking orchestration, and payment operations behind the scenes, eliminating the need for fragmented banking relationships.
MoonPay’s New York licenses, including its BitLicense, Money Transmitter Licenses, and Limited Purpose Trust Charter granted by the NYDFS in 2025, ensure full regulatory compliance.
The launch positions MoonPay among a select group of providers capable of offering these services in New York’s strict regulatory environment.
Conclusion
MoonPay’s Virtual Accounts launch in New York marks a significant milestone in bridging traditional finance and digital assets.
By delivering compliant, programmable stablecoin infrastructure in a major financial hub, the company is accelerating enterprise adoption of stablecoins for faster, more efficient global payments and treasury operations.
As demand for interoperable onchain solutions grows, this expansion reinforces MoonPay’s role as a leading infrastructure provider for the next generation of financial services.
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FAQs:
1. What are MoonPay Virtual Accounts and why does the New York launch matter?
MoonPay Virtual Accounts let platforms issue named USD accounts that receive fiat deposits and automatically convert them to stablecoins settled in non-custodial wallets. The New York launch gives compliant access in one of the world’s strictest and most important financial markets.
2. How do MoonPay Virtual Accounts work for enterprises?
Enterprises integrate a single API. Users get a dedicated virtual account for ACH, wire, or SWIFT deposits. Incoming funds are instantly converted to stablecoins and delivered to wallets, no manual processing required.
3. Who can benefit from Virtual Accounts in New York?
Fintech companies, crypto platforms, neobanks, brokerages, and financial institutions that operate in New York or serve NY-based clients or counterparties.
4. What payment methods are supported for Virtual Accounts?
Supported rails include ACH, wire transfers, SWIFT, and other local and international methods, with automatic stablecoin conversion and settlement.
5. Is MoonPay’s Virtual Accounts service fully compliant in New York?
Yes. The service is backed by MoonPay’s New York BitLicense, Money Transmitter Licenses, and Limited Purpose Trust Charter, plus Iron’s enterprise-grade compliance infrastructure.
Disclaimer:
This content is provided for informational and educational purposes only and does not constitute financial, investment, legal, or tax advice; no material herein should be interpreted as a recommendation, endorsement, or solicitation to buy or sell any financial instrument, and readers should conduct their own independent research or consult a qualified professional.
