MoonPay to support stablecoin payments at offline stores

MoonPay has announced a partnership with WalletConnect (WCT) and global offline payment platform Ingenico to support stablecoin payments at offline retail stores. Under the new system, when a user pays with a stablecoin via an Ingenico terminal, MoonPay will convert the funds into fiat currency and settle the payment with the merchant through the banking system.