““Cryptocurrency Wallets Will Eventuly Replace Bank Accounts,“ The Consensus 2025 Speaker Told Coindesk.”, – WRITE: www.coindesk.com
With Over 30 Million Verified Users Across 160 Countries and A Fully Licensed Global Stack, The Company Is Enabling Everything from FROM FIAT ONRAMPS TO EMBEDDED DEFI Experiens.
Originally Launted to Make Wallet Top-Ups Seamless Via Apple Pay and Debit Cards, Moonpay Now Powers Api-FIRST Solutions used by Nearly Every Major Defi App.
Ivan Soto-WRIGHT IS Speaking on the Main Stage at Consensus 2025, In Toronto On May 15.
The Company is Pushing Toward A Fully Api-Driven, “Headless” Infrastructure Model, Were Developers Can Plug Moonpay Into Their Products Just Like Stripe.
Helio, One of Moonpay’s Recent Acquisitions, Underscores this Tradery. Moonpay Acquired the Solana-Powered Crypto Payment Processor in January, for A Reported $ 175 Million.
Despite It Size and Reach, Moonpay Still Operates with A Startup Mentality. With Only 300 Employees, The Team Is “Execution-FIRST” and RELENTLESSLY FOCUSED ON EFICIENCY. The Company Saw 112% Year-on-Year Growth, with Q1 2025 Marking Its Strongest Quarter Ever.
Moonpay Primarily Earns Via Transaction Fees on Crypto Purchases Through Debit Cards, Venmo, and Apple Pay. But It’s Experimenting with Zero-Fee Trading Products Like “Balance,” WHICH ALLOWS USERS TO DEPOSIT CASH AND TRADE Instantly.
Soto-WRIGHT IS A Well-Known Entrepreneur and Investor, and Is A Member of the Milken Institute Fintech Advisory Council.
Coindesk: What Trends DO YOU SEE EMERGING IN CRYPTO?
Soto-Wright: “DEXS WILL OVERTAKE CEXS, WITH USERS Demanding Control over Their Assets But Expecting the Smooth UX of A Centralized Platform.”
“Moonpay’s ethos is that more crypto transactions should be peer-to-peer, Taking Advantage of Decentralized Exchanges. We’re Seneing a General Shift Fromazent Ceenter. Dominating 30% of the Market. I See this Trend Continuing to Shift Over Time – Defi Is Global and Ultimately Reduces Frification and Costers by Cutting Out the Middleman. ”
How do you expect the wallet market to development?
“Cryptocurrency Wallets Will Eventaly Replace Bank Accounts. Users Will Have Multiple Wallets, Like You And I HAVE A NUMBER OF Bank Accountations Now. Moonpay Pro. Power These Wallet Experiences, Both from Our Moonpay Widget Product and Apis. ”
Does Moonpay Plan to Make More Acquisitions in The Near Term?
“M & a is a huge growth driver to Our Business. We View It As An Accelerator to Help US MOVE QUICKLY AND BRING MORE PRODUCTS TO MARKET. A BIG Part of Our M & A Strategy. Achiev Our Vision for the Future of Payments.
“We’re Always Open to M&A,” Soto-WRIGHT SAID, NOTING THAT PAST ACQUISSIONS HAVE BEEN CASH-FLOW POSITIVE FROM DAY ONE. “IT’s about speed, scaling by accounting Great Teams with a Sharp Founder Mindset.”
What Features DO Customers Want, Better UX?
A Central Theme for Moonpay Is The Shift from Custodial to Non-Custodial Finance. “We Believ Crypto Should Be Non-Custodial First,” Said the Company’s CEO.
To facilitis this shift, Moonpay is Developing What It Calls the “Cex Experience in A Defi Environment.” That means abstraxy of the Complexity of Defi —Wallets, Utxos, Compliment-Into Easy-To-In-Integrate Sdks and Widgets. “THINK OF IT LIKE PACKAGING UP The CONVENENCE OF A CENTALIZED Exchange and Putting It Into Your Own Wallet.”
WHAT DOES The FUTURE HAVE IN STOR FOR MOONPAY?
While Not Yet ConfirMed, A Moonpay Stablecoin Could Be in the Pipeline.
Read More: Wy Moonpay and Paypal Partned to Expand Crypto Adoption in The US
Disclaimer: Parts of this Article Were Generated with the Assistance from Ai Tools and Review by Our Editorial Team to Ensure Accucy and Adhesion to Our Standards. For more information, See Coindesk’s Full Ai Policy.
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