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Cryptocurrency News Articles

MoonPay and TRON DAO Team Up to Expand TRX Accessibility in the US

May 09, 2025 at 12:38 pm

MoonPay and TRON DAO Team Up to Expand TRX Accessibility in the US

Jakarta, pintunews – A crypto payment service provider, MoonPay, has announced a partnership with TRON DAO to make it easier for users in the United States to purchase TRX, the native token of the TRON (TRX) blockchain.

The cooperation between MoonPay and Tron, which was announced on Monday (7/5), marks a major step in TRON’s efforts to expand the accessibility of blockchain technology in the global financial system.

With this latest integration, MoonPay users in the US can now easily access the fast-growing TRON ecosystem, with over 8.3 million transactions taking place daily. TRX itself has been listed on over 130 exchanges with a market capitalization of over $23 billion as of April 2025, placing it among the top cryptos in the world.

The integration of TRX into the MoonPay platform makes it simple for US users to engage directly in the dynamic TRON ecosystem.

Ivan Soto-Wright, CEO of MoonPay, expressed optimism towards this collaboration, given TRON’s outstanding performance in decentralized finance (DeFi), stablecoins, and innovative blockchain applications. According to him, this is just the beginning of a larger relationship with TRON.

“TRON continues to deliver impressive results across its ecosystem – from DeFi and stablecoin leadership to powering some of today’s most innovative platforms. We are excited to make TRX accessible to our users in the US, opening up new opportunities to participate in and benefit from TRON’s diverse and rapidly growing ecosystem, with more to come in the near future.”

Sam Elfarra, spokesperson for TRON DAO, also welcomed the integration, calling it a big win for TRON’s expansion in the US market. The existence of an instant and trusted payment platform like MoonPay supports TRON’s goal of becoming a major global payment network.

“We are pleased to welcome TRON to our users in the U.S. and to expand the possibilities of the TRON ecosystem with the addition of TRX to the MoonPay platform. As we continue to expand our services and build toward our vision for the future of finance, partnerships like this will be critical in providing users with the best possible experience.”

Despite the general downturn in the crypto market, TRX prices are showing resilience. From its peak in December 2024 at $0.4407, the token has stabilized around $0.24.

Following the announcement of this partnership, TRX prices rebounded from the day’s low of $0.2437 to $0.2480. TRON also set a record high in the supply of Tether (USDT), one of the most widely used stablecoins, with a total supply of $71.9 billion.

This shows the platform’s strength in blockchain-based payments, especially in developing countries and cross-border payments.

Overall, the cooperation between MoonPay and TRON marks a new era in the ease of access and use of digital assets in everyday applications. By opening up access for US users to purchase TRX directly through MoonPay, these two entities have the potential to accelerate blockchain and crypto adoption more broadly.

Going forward, this partnership is expected to bring more innovations and integrations that will strengthen TRON’s position as a leader in payment solutions and stablecoins.

That’s the latest information about crypto. Keep following pintu news to stay updated on the world of crypto and blockchain technology.

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