Ivan Soto-Wright, CEO and Co-Founder of MoonPay, emphasized a non-custodial, API-first approach for the future of cryptocurrency, suggesting that cryptocurrency wallets might ultimately replace traditional bank accounts. As MoonPay evolves, it aims to solidify its position as a vital infrastructure layer for Web3, capitalizing on over 30 million users globally. Initially simplifying wallet top-ups through platforms like Apple Pay, MoonPay has shifted focus to providing developers the necessary tools to integrate crypto into everyday applications. Soto-Wright noted the rise of decentralized exchanges (DEXs) over centralized exchanges (CEXs), aligning with a broader industry trend toward decentralized finance (DeFi). MoonPay has recorded significant growth, adopting a startup mentality with proximity to its user base. It earns primarily through transaction fees but is exploring zero-fee trading options. The company envisions a future where DeFi simplifies crypto transactions, utilizing an infrastructure that mirrors the user experience of centralized platforms. Potential developments include a stablecoin, reflecting MoonPay's adaptive strategy in the evolving financial landscape.

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