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About Iron
Iron.xyz is an API-first stablecoin payment infrastructure platform, operating as a MoonPay subsidiary. Its core services include virtual accounts (EUR/USD/GBP that auto-settle into stablecoins), fiat-to-stablecoin on/off ramps, cross-border payouts to 30+ currencies, stablecoin checkout, OTC trading, and treasury settlement. The main value proposition is unifying fragmented fiat and stablecoin rails into a single programmable interface: businesses can hold multi-currency balances, move between fiat and stablecoins instantly, and execute global payments with built-in compliance. This addresses the pain point of slow and expensive cross-border bank transfers, manual treasury management, and complex integration of crypto rails. The platform targets PSPs, fintechs, wallets, exchanges, and enterprises for use cases like global payroll, merchant payouts, and remittance.
Regarding recent development (2026-03 to 2026-09), no reliable public information was found in the search results. The most recent notable event remains the Q1 2025 acquisition by MoonPay, which expanded its licensing reach (47 US states, NY BitLicense, MiCA license in Europe). However, no specific progress updates within the requested six-month window are available from authoritative sources.
In March 2026, Iron announced adoption of DFNS as its wallet infrastructure, using MPC/TSS and Secure Enclave to secure on-chain transactions and support real payment flows.
In July 2026, Iron published data showing stablecoin market cap of $311 billion across more than 12 blockchains, reflecting its multi-chain strategy.
Future focus: Building the Onchain Payments Stack (OPS), unifying fiat, stablecoin, FX, and compliance via a single API; expanding virtual accounts, global payouts (30+ currencies), and OTC services; planning to support more stablecoins and blockchains, and strengthen enterprise applications.
Max von Wallenberg: Co-founder and CEO of Iron. Previously founded Ultimate, a Solana-based mobile DeFi trading app (raised $20M from Lightspeed, acquired by Jupiter); served as CEO of Börse Stuttgart Digital Exchange, building one of Germany's first BaFin-regulated digital asset venues; earlier founded UpTick. MBA from Harvard Business School. After Iron's acquisition by MoonPay, he leads MoonPay Enterprise as CEO, overseeing stablecoin API suites.
Omid Aladini: Co-founder and CTO of Iron. Co-founded Ultimate with Max (acquired by Jupiter); was Engineering Lead at Börse Stuttgart Digital Exchange, designing the matching engine and core systems from scratch; previously led data engineering and infrastructure at SoundCloud, including multi-petabyte Hadoop clusters. Holds an MSc in Computational Science/Machine Learning from Goethe University Frankfurt and a BSc in Computer Science from Sharif University. Now CTO of MoonPay Enterprise, focused on stablecoin infrastructure.