On March 13, according to CNBC, crypto payment giant MoonPay is increasing its efforts to enter the corporate market by acquiring Iron, an API-preferred stablecoin infrastructure startup. This is MoonPay's second major acquisition in two months, underscoring its ambition to capture the rapidly growing stablecoin payments market. Ivan Soto-Wright, co-founder and CEO of MoonPay, said in an interview: "We believe that everyone will have a digital currency wallet, whether it's in a bank account or standing alone. And we built backward compatibility with the existing financial system." Soto-Wright likened the acquisition to PayPal's acquisition of Braintree, which processes credit card transactions for companies such as Meta, with total payments of nearly $600 billion last year. Soto-Wright said: "This is our Braintree moment, and Iron's technology puts MoonPay on track to become the authoritative infrastructure provider for corporate stablecoin solutions."