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MoonPay launches MoonPay Trade onchain trading platform for institutions

MoonPay, a global crypto payments and stablecoin infrastructure company, said on May 22 it launched MoonPay Trade, an onchain trading platform for institutions, companies and applications. It said the service provides single-API access to more than 200 blockchains and protocols and connects fragmented onchain liquidity and trading infrastructure through one interface. MoonPay said users can use onchain execution, settlement, conversion and payment functions across more than 120 fiat currencies.