Iron
Iron (MoonPay)
Data verified on unchanged since the sources
Worth it if you are a fintech, PSP, wallet or enterprise wanting a single API for on/off-ramp, global payouts, checkout and stablecoin OTC, on MoonPay's global licensing.
Avoid it if you are an end consumer or want an independent provider: it is not accessible to individuals and is now a MoonPay brand, with a roadmap tied to the parent.
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 | not declared |
| 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.
Reputation
What happened to people who used Iron, and what users say. External signals: they do not feed the promp.it rating.
Incidents & regulatory actions
No known incidentSearch across public sources: no known hack, withdrawal freeze or regulatory action as of the verification date.
verified on
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