MoonPay has partnered with Deel to let 40,000 UK and EU businesses offer employee payments in stablecoins, expanding crypto payroll options across the region. The initiative aims to speed cross-border pay and appeal to crypto-native talent while raising tax and compliance questions.
MoonPay has signed an eight-figure naming-rights deal to become the title partner of the X Games as the franchise shifts to a league format. The move gives the crypto payments firm high-profile sports exposure amid growing crypto-sports sponsorships.
Intercontinental Exchange (ICE), owner of the NYSE, is reportedly in talks to invest in crypto payments firm MoonPay in a funding round valuing the startup at about $5 billion, Bloomberg reports. Negotiations are ongoing and terms have not been disclosed.
MoonPay has been granted a New York Limited Purpose Trust Company charter, enabling it to offer institutional-grade digital asset custody and trading services under state oversight. The move strengthens its regulatory footing and could attract more institutional clients.
MoonPay has received a New York trust charter, clearing the way to expand regulated institutional offerings including custody and fiat rails. The approval strengthens its compliance standing and could accelerate institutional onboarding.

Mastercard is taking a significant step towards integrating stablecoin payments into its network by partnering with platforms like MoonPay, MetaMask, and Kraken. This innovation will allow users to convert their stablecoins into local currency for merchants seamlessly, indicating a shift towards digital currency utilization in the traditional economy.