Iron
Iron (MoonPay)
Iron is MoonPay's stablecoin payments infrastructure, founded in 2024 in Berlin and acquired by MoonPay in 2025 in a deal worth at least $100M. It offers APIs for on/off-ramp, virtual accounts, global payouts, crypto checkout and fiat/stablecoin OTC services, with compliance and reconciliation in a single integration, backed by MoonPay's global licensing and infrastructure. It supports major stablecoins (USDC, PYUSD, EURC) and local payouts in many countries; it is a B2B solution for fintechs, PSPs, wallets and enterprises.
Data & conditions
| Account fee | Not disclosed |
|---|---|
| ATM withdrawal | Free |
| Fund custody | Custodial (platform holds funds) |
| Supported countries | EEA, US, APAC, LATAM |
| Segment | B2B |
| MiCA / License status | Not disclosed |
Strengths
- Single API for on/off-ramp, virtual accounts, payouts, checkout and stablecoin OTC.
- Backed by MoonPay's global licensing and infrastructure after the acquisition worth at least $100M.
- No notable sovereignty advantage documented.
Weaknesses
- B2B infrastructure: not accessible to end consumers.
- Now part of MoonPay: brand and roadmap autonomy depend on the parent company.
- Custodial: the platform holds your funds and can freeze or lose them.
Verdict
Score 4.0/5, very strong profile. In its favour: single API for on/off-ramp, virtual accounts, payouts, checkout and stablecoin OTC. The trade-off to weigh: b2B infrastructure: not accessible to end consumers.
On the Sovereignty lens the score is 0.0/5 (weak): the strength is fund control (0.0/5).
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.
FAQ
Can an individual use Iron?
No. Iron provides stablecoin payment APIs to fintechs, PSPs, wallets and enterprises; it is not an end-consumer product.
Is Iron independent?
No. Iron was acquired by MoonPay in 2025 (deal worth at least $100M) and operates as the group's stablecoin infrastructure brand.
Sources
- Official service page Payout · Checkout Data verified on Jul 17, 2026
- moonpay.com Data verified on Jul 17, 2026
- theblock.co Data verified on Jul 17, 2026