MoonPay and Upbit parent Dunamu explore stablecoin payments tie-up

MoonPay and Dunamu, the parent of South Korean exchange Upbit, are exploring a collaboration on stablecoin payments and on broadening global access to Dunamu's Ethereum Layer 2 network, GIWA. The partnership would pair MoonPay's payments infrastructure with Upbit's large user base and a dedicated L2 chain. Traders would watch for concrete stablecoin volume and GIWA adoption, which could support ETH L2 activity and stablecoin-related tokens, though the announcement is exploratory and lacks specific terms or timelines.