MoonPay, a cryptocurrency payment company, has announced plans to issue and manage stablecoins on behalf of its clients. The company will leverage its existing money transfer licenses to offer these services across the United States, with further expansion planned for corporate clients in the U.S., Asia, and Latin America. The service will support multiple blockchain networks. Zach Kwartler, MoonPay's new head of stablecoins, stated that enabling clients to issue their own stablecoins can enhance the efficiency of their payment operations.