Moonwell Virtual Accounts: Your Bridge to Global Opportunity

A quick note from The Edge Newsletter:

We wanted to share today’s announcement from Moonwell because its a great reminder of the use cases and original promises of DeFi.

I (Nomatic), live in Canada and get paid in USD and this product has the potential to have major utility for my day-to-day life. I wanted to share this because I’m sure some of our readers are in a similar position and working abroad. For a few more of my thoughts, here’s a post I just made after reading the announcement and setting up an account of my own:

Thanks to all our sponsors for making it possible to share this content for FREE!

🖥️ PYTH | SMARTER DATA FOR SMARTER CONTRACTS

⌛️ HOURGLASS | LEVERAGE AIRDROP FARMING

🪄 TANSSI | LAUNCH YOUR SYMBIOTIC RESTAKED NETWORK IN MINUTES

📈 ⁠iYIELD | YOUR FINANCIAL PICTURE, SIMPLIFIED

🧪 MANTLE | START YOUR RESTAKING JOURNEY TODAY WITH CMETH

🐡 PUFFER FINANCE | LIQUID RESTAKING FOR THE LITTLE FISH

🌔 MOONWELL | THE LEADING LENDING AND BORROWING APP ON BASE

🐐 ⁠GOAT NETWORK⁠ | A BITCOIN L2 TO EARN WITH BTC & DOGE

⚙️ GEARBOX PROTOCOL | ONCHAIN LENDING REIMAGINED

📈 DEFINITIVE | THE MOST ADVANCED PLATFORM FOR ONCHAIN TRADING

In today's interconnected world, talent transcends borders — but our outdated financial systems haven't kept up. Millions of skilled professionals worldwide lose billions of dollars each year to excessive fees, payment delays, and currency devaluation. Achieving broader economic freedom and opportunity means rethinking how money moves and works for everyone.

That's why we partnered with Bridge and Optimism Foundation to launch Moonwell Virtual Accounts — a simple yet powerful way for people worldwide to get paid, save, and grow their wealth. By bridging traditional payment networks with onchain finance, we’re removing friction, reducing costs, and giving nearly everyone, everywhere access to stable digital dollars and greater opportunities in our global economy.

What are Moonwell Virtual Accounts?

Moonwell Virtual Accounts are virtual US checking accounts designed for a global workforce. When money arrives in your account — whether through a company's payroll system, a client's wire transfer, or even services like PayPal or Apple Pay — it automatically converts it to USDC, Circle’s fully backed digital dollar.

This means you can receive payments like a United States resident or business would, while protecting your earnings from local currency volatility. You get the stability of US dollars without the delays, fees, or limitations that usually come with traditional finance and fiat currency.

Breaking Barriers to Economic Freedom

Meet Ana, a representation of the millions of skilled professionals navigating the challenges of an unstable economy. Like many Argentinians, she watched her savings erode as the Argentine peso lost nearly 50% of its value relative to the US dollar last year. Traditional finance offered no refuge from inflation, and international job opportunities seemed out of reach due to complex payment barriers.

Then Ana discovered Moonwell Virtual Accounts.

With Moonwell Virtual Accounts, professionals like Ana can now work remotely for US companies and receive their salaries directly in USDC — avoiding high conversion fees, protecting their earnings from currency instability, and growing their savings through the Moonwell Flagship USDC Vault. By breaking down financial barriers, Moonwell Virtual Accounts empower individuals worldwide with greater control over their money, unlocking new career opportunities and long-term financial stability.

How It Works: Simple, Powerful, Accessible

Your journey with Moonwell Virtual Accounts begins with a full-featured virtual US checking account with no monthly fees or minimum balance requirements. You'll receive unique account and routing numbers, enabling you to accept payments through familiar channels like ACH, wire transfers, PayPal, Apple Pay, and more.

When you receive a payment, our integration with Bridge enables automatic conversion from fiat to USDC. Your USDC flows directly to your own self-custodial wallet, giving you complete control over your money. You can choose to deposit funds into the Moonwell Flagship USDC Vault to earn competitive returns, send your money instantly, 24/7, from anywhere in the world, or even spend IRL with the Moonwell Card.

By combining Bridge’s infrastructure, Optimism Foundation's subsidies, and Moonwell’s user-friendly application we've created a system that finally delivers on the promise of borderless finance — where anyone can participate in the global economy.

Building for an Optimistic Future

Our collaboration with Optimism Foundation marks a major milestone in making onchain finance accessible to all. As part of their mission to expand the Optimism Superchain, accelerate user onboarding, and bolster stablecoin liquidity, Optimism Foundation is subsidizing key fees, including:

• KYC and account setup fees

• Ongoing account maintenance fees

• Fiat-to-USDC conversion costs

By removing these barriers to entry, more people worldwide can easily access stable digital dollars and participate in the global onchain economy. As more users convert their funds to USDC through Moonwell Virtual Accounts, it has the added benefit of building critical stablecoin liquidity within the Optimism Superchain, helping to build a more efficient and scalable ecosystem.

Getting Started

Setting up your Moonwell Virtual Account is simple and takes just a few minutes:

• Connect Wallet

  • Navigate to https://moonwell.fi/account

  • Tap the "Create Account" button

  • Choose and connect your preferred wallet

• Complete Verification

  • Select "Individual" or "Business" account type

  • Enter your personal or business information

  • Review and accept the Terms of Service

  • Submit required KYC information

  • Choose your preferred network (Base or OP Mainnet)

• Access Your Account

  • Receive your virtual checking account and routing numbers

  • View your account dashboard

  • Begin accepting payments immediately

The Future of Work is Onchain

Traditional finance was built for a world of borders, but talent, creativity, and innovation transcend these boundaries. With Moonwell Virtual Accounts, a developer in Southeast Asia can receive their salary directly in digital dollars, while a consultant in Africa can bill their US clients without worrying about currency conversion or payment delays. This isn't just about making payments more efficient — it's about increasing global economic freedom and opportunity.

By bridging traditional payment rails with onchain finance, we're creating a future where:

• Global talent can compete on equal footing

• Companies can hire the best people regardless of location

• Economic opportunity becomes truly borderless

Join the Movement

This is the future of work and finance — where borders become irrelevant, fees become minimal, and opportunity becomes truly global. Through our partnership with Bridge and Optimism Foundation, Moonwell Virtual Accounts represent a crucial step toward a more inclusive and efficient financial system that works for everyone, everywhere.

Join the thousands already building this future with us. Visit moonwell.fi/account to set up your Moonwell Virtual Account in just minutes and become part of a growing global community transforming how the world works and manages money.

Need help? The Virtual Account FAQ answers common questions about setting up and using your account. For personalized assistance, our international support team is ready to help in the Moonwell Discord.