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Home»Blockchain»MoonPay and Base Announce Partnership to Expand Web3 Payments Infrastructure |
Blockchain

MoonPay and Base Announce Partnership to Expand Web3 Payments Infrastructure |

2024-04-11No Comments2 Mins Read
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This morning, MoonPay, the leading Web3 infrastructure company, and Base, the layer-2 blockchain incubated by Coinbase, announced an expansion of their partnership to improve the payment experience for apps and integrations within the Base ecosystem.

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This news comes as Base’s Total Value Locked (TVL) surpasses an impressive $4 billion for the first time, highlighting the platform’s rapid growth and increasing prominence in the blockchain space.

Key highlights of the expanded collaboration include:

MoonPay Checkout Solution Now Available: MoonPay’s Buy and NFT Checkout solutions are now accessible to projects within the Base ecosystem, including renowned NFT marketplace OpenSea. This integration significantly improves the convenience and efficiency of transactions within the Base network, providing users with a seamless payment experience.
Increasing Accessibility with ETH and USDC On-Ramp Support: MoonPay is expanding its support to provide on-ramp services for Ethereum (ETH) and USDC on the base network, further facilitating accessibility and liquidity for users within the ecosystem.

With more than 90% of Base’s NFT volume settled on OpenSea in the past month alone, this partnership is poised to redefine the Web3 payments landscape and solidify Base’s position as a leading blockchain platform.

“Our comprehensive Base support includes what users and developers value most, increasing the accessibility of our solutions to the hundreds of apps and integrations within the Base ecosystem – including our long-standing partner OpenSea,” said Ivan Soto-Wright, co-founder and CEO of MoonPay.
“By partnering with a trusted, builder-friendly platform like Base, we can continue to improve the overall blockchain experience and drive mass adoption of Web3.”

See also  Web3 revenues are shifting from blockchains to wallets and DeFi apps

Ivan Soto-Wright, co-founder and CEO of MoonPay
CEO of OpenSea enthusiastic about expanded partnership with MoonPay

CEO and co-founder of OpenSea, Devin Finzer, added: “We are excited to partner with MoonPay and strengthen Base’s role as the primary choice for new and established creators looking to reach the broadest audiences.”

“This expanded support is another critical step toward simplifying access to Base NFTs and preparing for even broader adoption,” Devin added.

To learn more about MoonPay’s offerings and Base’s growing ecosystem, visit MoonPay.com and Base.org.

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About MoonPay

MoonPay is a pioneering Web3 infrastructure company that empowers brands and consumers by unlocking access to next-generation transactions and digital ownership for everyone. With a comprehensive range of offerings including payments, identity verification, authentication, wallets, coin operations and creative strategies, MoonPay aims to remove barriers to entry and drive mass adoption of Web3 technology worldwide.

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Announce base Expand infrastructure MoonPay Partnership Payments Web3
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