MoonPay launches the MoonPay Balance solution for storing and spending fiat funds via non-custodial wallets, with SEPA and Open Banking support in 27 countries 🌍

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On November 13, the company MoonPay introduced a new tool, MoonPay Balance, which allows users to store and spend fiat funds via non-custodial wallets such as MetaMask and Phantom. The solution is available in the UK and most European countries. SEPA, Faster Payments, and Open Banking methods are supported. MoonPay does not charge fees for deposits, withdrawals, and exchanges, but partners may add fees. This move contributes to the development of self-custody of cryptocurrency, enabling users to use their wallets as "primary bank accounts."

This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.

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