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MoonPay’s Iron Acquisition Signals Stablecoin Industry Consolidation [Forbes]

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US:NASDAQ Investor Relations: investor.paypal-corp.com
held at the Faena Hotel on February 20, 2025 in Miami Beach, Florida. The summit brings together global leaders with a special focus on the Global South to develop strategies to address pressing international issues in areas including healthcare, education, sustainability and AI. (Photo by Joe Raedle/Getty Images) Getty Images The stablecoin industry is witnessing a wave of strategic acquisitions as companies position themselves for dominance in the rapidly expanding digital payments landscape. MoonPay's , an API-driven stablecoin infrastructure startup, marks yet another significant consolidation in this space, revealing a race to build comprehensive stablecoin payment networks that could rival traditional financial rails. MoonPay Expands Its Stablecoin Capabilities with Strategic Acquisitions MoonPay's Iron acquisition represents its second major purchase in just two months, following the $175 million acquisition of Helio in January. This aggressive expansion strategy closel
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