Moonwell is rolling out Moonwell Virtual Accounts, allowing anyone, anywhere, to open a virtual U.S. checking account, receive payments, and convert them seamlessly into USDC.
With this game-changing solution, borders disappear, and new financial opportunities emerge. Let’s discover more about this important news for Moonwell.
A Simple, Fee-Free Way to Get Paid
Moonwell has teamed up with Stablecoin and the Optimism Foundation to create a straightforward way to receive international payments. So, here’s what makes Moonwell Virtual Accounts stand out:
🔹 Zero-fee virtual U.S. checking accounts – No hidden costs. No surprises.
🔹 Instant USDC conversion – Get paid in USD and have it automatically converted to USDC.
🔹 Full self-custody – You stay in control of your money, no middlemen are required.
🌜🌐🌛 Introducing Moonwell Virtual Accounts
Open a virtual U.S. checking account from anywhere, convert payments to USDC, and start saving in the Moonwell Flagship USDC Vault on @Base.
With Moonwell Virtual Accounts, borders vanish, and global opportunities emerge. pic.twitter.com/wxtdlovXmA
— Moonwell (@MoonwellDeFi) February 20, 2025
How It Works & Who Can Benefit?
1️⃣ Payments – Receive payments via ACH, wire transfer, PayPal, Apple Pay, and more.
2️⃣ Auto-Conversion – Users can convert their funds to USDC.
3️⃣ Take Control – Store funds in your self-custodial wallet for security and flexibility.
4️⃣ Grow & Spend – Earn passive income in the Moonwell USDC Vault or spend with the Moonwell Card.
🌜🌐🌛 Create Your Moonwell Virtual Account
1️⃣ Click “Create your account” at https://t.co/UcGl6cbTe8
2️⃣ Choose “Individual” or “Business”
3️⃣ Agree to the Terms & Conditions and complete a simple KYC process
4️⃣ Select what network to receive your payments: Base or OP Mainnet pic.twitter.com/duhxCqIqxG— Moonwell (@MoonwellDeFi) February 20, 2025
Finally, Moonwell built Virtual Accounts for the modern workforce. For example, if you’re: A developer earning an international salary, a business serving clients worldwide, also a digital nomad working across borders. This solution lets you get paid seamlessly and grow your wealth in digital dollars without banking headaches.
Disclaimer
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