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MoonPay CEO: Cryptocurrency wallets will eventually replace traditional bank accounts.
According to ChainCatcher news and a report by Coindesk, Ivan Soto-Wright, the CEO and co-founder of the crypto payment infrastructure company MoonPay, stated in an interview that crypto Wallets will eventually replace traditional bank accounts and revealed that MoonPay may launch a stablecoin in the future. Currently, MoonPay is moving towards a non-custodial, API-first direction, aiming to provide developers with plug-and-play infrastructure similar to Stripe. In January of this year, MoonPay acquired the Solana-based encryption payment processor Helio for approximately $175 million.