MoonPay has added the Discover Network as a payment method, making it the third U.S. card network it supports after Visa and Mastercard. MoonPay also supports Apple Pay, Google Pay, PayPal, Venmo, bank transfers and local payment networks. The addition means eligible cards operating on the Discover Network can be used on MoonPay, though whether a specific card can buy cryptocurrency still depends on the issuing bank’s policy.

China\'s central bank is stepping up monitoring and tightening regulation as stablecoins could play a bigger role in cross-border payments. PBOC Research Bureau Director General Wang Xin said authorities should closely examine stablecoins\' impact on the international monetary system and cross-border settlement, and consider how regulation and international coordination should proceed. He also warned that weaponisation of payment tools could disrupt normal cross-border trade.