MoonPay to Provide Primary Fiat-Crypto Gateway for Trust Wallet in Multi-Year Deal

​MoonPay has entered into a multi-year agreement to supply its fiat-to-crypto and crypto-to-fiat transaction services for Trust Wallet, a self-custody digital asset wallet with more than 200 million registered users. The arrangement will initially cover the United States market, with potential for expansion to other regions over the term.

Under the agreement, MoonPay will become the default provider for Trust Wallet’s cryptocurrency purchase and sale functions for a period of two years. The deal builds on an existing integration first established in 2020, which initially covered crypto purchases and was expanded to include sales in January 2023.

MoonPay operates in more than 190 countries and supports multiple local payment methods and fiat currencies. It is licensed in the United States and regulated in the United Kingdom, European Union, Canada, and Australia. The company provides infrastructure that allows digital asset platforms to enable fiat-to-crypto conversions within their own applications.

Trust Wallet is a multi-chain Web3 wallet offering cryptocurrency storage, transfer, and transaction capabilities, including support for NFTs and decentralized applications. The new agreement means MoonPay will process transactions initiated through Trust Wallet’s in-app “Buy Crypto” and “Sell Crypto” features without requiring users to leave the application interface.

The updated integration is now active for U.S. users, with other markets expected to follow subject to regulatory and operational considerations.