MoonPay CEO: Crypto Wallets Could Replace Traditional Bank Accounts

Ivan Soto-Wright, CEO and co-founder of MoonPay, believes cryptocurrency wallets may eventually replace traditional bank accounts. He made this bold prediction during a recent interview with PANews. Soto-Wright also hinted at the possibility of MoonPay launching its own stablecoin in the future. 🧠🚀 Currently, MoonPay is shifting towards a non-custodial, API-first model, aiming to offer developers readily usable infrastructure similar to Stripe. This strategy was further strengthened by their recent acquisition of Helio, a Solana-based crypto payment processor, for $175 million, in January.