Terraform Labs vs MoonPay

Terraform Labs was the Singapore-based company behind the algorithmic stablecoin TerraUSD (UST) and its sister token LUNA, whose May 2022 collapse erased roughly $40 billion and triggered the broader crypto contagion; founder Do Kwon was convicted of fraud.

Web3 payments infrastructure company providing fiat-to-crypto on/off-ramp solutions used by hundreds of wallets and apps, plus NFT checkout and merchant tools.