5th August 2021: MoonPay, the global payments solution for cryptocurrency, has announced it has partnered with Flow, the consumer and developer-friendly blockchain powering the next generation of games, apps, and digital assets. The partnership will for the first time integrate a fiat-onramp for Flow’s stablecoin, FUSD, for US customers to access the rich experiences built on Flow, in addition to offering coverage to over 150 countries.
MoonPay’s unique fiat on-and-off-ramp infrastructure democratizes blockchain access by allowing users to participate directly via traditional fiat payment methods. Through this new partnership, customers will now be able to seamlessly interact with the Flow ecosystem, accessing a range of blockchain powered games, entertainment, sports and news with the comfort of credit card onboarding.
Created by Dapper Labs, the team behind NBA Top Shot and CryptoKitties, Flow’s consumer-centric mission is to bring NFTs to the mainstream at scale in a sustainable way by empowering developers to build amazing experiences. The partnership with MoonPay, who shares their sustainable goals and developer empowerment vision, will allow any team building on Flow the ability to offer direct fiat on-ramp functionality to their audience globally from day one, including US consumers.
The partnership allows users to be able to purchase the first stablecoin on Flow issued by Prime Trust, FUSD, which launched in June. This is the first FUSD on-ramp in the US. Elsewhere, users, excluding those in the US and Canada, will be able to purchase FLOW, the native token of the Flow network.
Ivan Soto-Wright, co-founder and CEO of MoonPay said, “NFTs are revolutionising how we interact with our favourite games, sports stars and with wider culture, so it’s vital that everyone can access them without any barriers. Flow has changed the game and we are looking forward to collaborating with the team to create a seamless NFT experience and bring it to the mainstream.”
Peter Siemens, Developer Experience Lead, Flow, “It was vital that we found a partner who could not only provide a solution but also shared our mission of providing a high quality user experience with minimal friction for both developers and consumers. With MoonPay’s impressive infrastructure, consumers can unlock the magic of NFTs across the whole ecosystem safely, and with the knowledge that they are simultaneously supporting more sustainable integration across the crypto economy.”
MoonPay is a financial technology company that builds payments infrastructure for crypto. Their on-and-off-ramp suite of products provides a seamless experience for converting between fiat currencies and cryptocurrencies using all major payment methods including debit and credit card, local bank transfers, Apple Pay, Google Pay, and Samsung Pay. MoonPay is active in more than 160 countries and is trusted by 250+ leading wallets, websites, and applications to accept payments and defeat fraud.
Flow is a fast, decentralized, developer-friendly, next-gen blockchain chosen for its combination of scalability and usability, and its commitment to excellence, longevity and empowering communities. Flow is the only layer-one blockchain originally created by a team that has consistently delivered great consumer blockchain experiences: CryptoKitties, Dapper Wallet, NBA Top Shot.
Flow boasts a rich ecosystem of top entertainment brands, development studios, and venture-backed startups. Flow ecosystem partners include global IP brands like Warner Music, Ubisoft, NBA and UFC; leading game developers, including Animoca Brands, Sumo Digital and nWay; and many leaders in the crypto space such as Circle and Binance.