MoonPay receives $200 million credit line from Galaxy to meet extreme liquidity needs

Odaily News MoonPay announced that it has obtained a $200 million revolving credit line from Galaxy, designed to cope with moments of extreme liquidity demand, such as the recent surge in trading volume when Trump Memecoin was released. MoonPay CEO Ivan Soto-Wright said the credit line will help the company cope with peaks in trading volume and liquidity demand. (The Block)