- Magic Eden, a marketplace for non-fungible tokens (NFTs), joined MoonPay
- Providing onboarding assistance to new users is the objective of the strategic alliance
- Magic Eden customers can use credit cards, Apple Pay, and Google Pay to purchase NFTs
Magic Eden, a marketplace for non-fungible tokens (NFTs), has joined with the Web3 payment platform MoonPay to enable new payment alternatives for purchasing digital items.
MoonPay’s Vice President of Global Sales, Bree Blazak, said:
At MoonPay, our mission is to onboard the world to Web3, and our partnership with Magic Eden is an important step forward toward that goal.
According to a press release, Magic Eden customers can use credit cards, debit cards, Apple Pay, and Google Pay to purchase NFTs across many chains. The objective of the strategic alliance is to facilitate the onboarding of new users.
Digital assets are revolutionising the way we build human connections and maintain ownership of intellectual property, and at MoonPay we are committed to removing obstacles in this space so that greater numbers of people around the world can access this technology.
The announcement follows MoonPay’s recent partnership with the LooksRare NFT marketplace. To facilitate credit card transactions of NFTs, the company partnered with OpenSea, which has the largest number of daily active users among all NFT marketplaces.
In other developments, despite the NYDFS attack on Paxos, BUSD remains strong. Binance intends to continue supporting its Binance USD stablecoin despite a stop order issued against its issuer, Paxos Trust Company, by American regulators.
Changpeng The CEO of Binance, CZ Zhao, has also assured users that their assets are secure despite the NYDFS’s anticipated enforcement action. On February 13, CZ also mentioned on Twitter that the NYDFS regulates Paxos and that Paxos owns and maintains BUSD.
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