LurraPay has integrated MoonPay Virtual Accounts, powered by Iron, to connect bank transfers in US dollars, euros and British pounds with stablecoin settlement inside its non-custodial platform. MoonPay announced on July 2 that the integration was live for both individuals and businesses.
The service gives each LurraPay user dedicated account details for the three supported currencies. A user can send fiat from an existing bank account; MoonPay said the incoming funds are converted automatically into stablecoins and settled directly to the user’s wallet. In the opposite direction, users can convert crypto to fiat and withdraw to a bank account.
The development is a banking-integration story rather than the launch of another standalone token. It puts named local-currency account details, conversion and wallet settlement into one product flow. That matters operationally because many stablecoin applications still require customers to coordinate a bank transfer, an exchange transaction and a wallet withdrawal as separate steps.
A direct route between bank rails and wallets
LurraPay describes itself as a platform for moving between fiat and crypto rather than as a bank. According to MoonPay’s announcement, it offers virtual accounts in more than 160 countries and supports dollar, euro and sterling rails. MoonPay also said users can access on-ramp, off-ramp and crypto-swap functions from the same platform.
MoonPay said SEPA Instant support can allow both funding and payout flows to complete in seconds. That timing is a company description of the supported payment route, not a universal service-level guarantee. The announcement did not provide equivalent completion times for US-dollar or sterling transfers, nor did it set out country-by-country availability, fees or transaction limits.
The non-custodial design is central to the product positioning. MoonPay said stablecoins settle directly to the user’s wallet and that users retain control of their assets throughout the flow. In practice, the arrangement separates the user-facing wallet experience from the regulated infrastructure needed to receive fiat, perform conversion and return funds to a bank account.
What payments teams should assess
For wallet and fintech operators, the integration illustrates how virtual accounts can become an embedded stablecoin on-ramp rather than a separate banking product. Dedicated account details can also make incoming payments easier to reconcile than transfers into a pooled account, while the reverse path gives users a defined route back to fiat.
The announcement leaves several commercial and compliance questions open. It does not identify which stablecoins are used for every currency corridor, provide a complete jurisdiction list, disclose pricing or explain how responsibilities are divided among LurraPay, MoonPay and Iron in each market. Payments teams evaluating the model would therefore still need to confirm eligibility, safeguarding arrangements, settlement assets, transfer cutoffs and recourse procedures for their target users.
LurraPay also said it plans a standalone hardware wallet later in 2026, but that device is separate from the virtual-account integration announced July 2 and was not described as already available. The immediate change is the live connection between dedicated bank-account details and wallet-based stablecoin settlement across three fiat currencies.
Primary material
MoonPay’s July 2 announcement describes the live integration, supported fiat rails, deposit and withdrawal paths, non-custodial model and SEPA Instant support. LurraPay’s banking product page provides current service context; it is not used to establish the historical announcement date.