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TRON DAO Announces Strategic Collaboration with MoonPay to Enable US Users to Purchase TRX

2025/05/08 01:40

TRON DAO Announces Strategic Collaboration with MoonPay to Enable US Users to Purchase TRX

Crypto payments provider MoonPay has announced that it has added support for TRON’s (TRX) native token for users in the United States as part of the first phase of a broader collaboration with TRON DAO.

The addition of TRX expands the range of tokens available to MoonPay’s U.S. users, who can now access and invest in TRX in a seamless manner through MoonPay’s user-friendly platform.

This integration signifies a significant step in facilitating broader participation in TRON’s ecosystem, which is renowned for its decentralized finance capabilities and high transactional throughput.

Announced in a statement on Monday, the collaboration between MoonPay and TRON DAO aims to facilitate the integration of TRX into new markets and expand the accessibility of TRON’s ecosystem to a wider audience.

As one of the leading crypto payment providers, MoonPay specializes in providing seamless and instant fiat-to-crypto conversion services, enabling users to effortlessly buy, sell, and use cryptocurrencies.

Operating in over 150 markets around the world, MoonPay offers its services through a cutting-edge, programmable payments platform that is capable of executing an average of 15,000 crypto transactions per day.

Meanwhile, TRON DAO is a community-governed DAO focused on decentralizing the internet with blockchain technology and decentralized applications (dApps).

Founded in September 2017 by H.E. Justin Sun, the TRON blockchain launched its MainNet in May 2018.

The TRON blockchain is a fast, scalable network with low transaction fees. It is used to power a wide range of dApps, including DeFi protocols, gaming platforms, and social media applications. TRON is also a leading hub for stablecoins, with the second-largest circulating supply of Tether (USDT) among all blockchains.

The total circulating supply of USDT on the TRON blockchain has recently surpassed $70 billion, and it is a critical component of TRON’s ecosystem for liquidity and cross-chain capabilities.

According to data from TRONSCAN, the TRON blockchain had over 303 million total user accounts, more than 10 billion in total transactions, and over $20 billion in total value locked (TVL) as of April 2025. TRX is listed on over 130 exchanges and ranks among the top cryptocurrencies by market capitalization – exceeding $23 billion.

Commenting on the collaboration, Ivan Soto-Wright, co-founder and CEO of MoonPay, said: “TRON continues to deliver impressive results across its entire ecosystem – from DeFi and stablecoin leadership to powering some of today’s most innovative platforms.

“We’re excited to add TRX for our U.S. users, unlocking new opportunities to participate and benefit from TRON’s diverse, fast-growing ecosystem, with more to come in the near future.”

Sam Elfarra, Community Spokesperson for TRON DAO, added: “Having TRX available for US users on MoonPay’s instant, programmable payments platform is a very positive development for our ecosystem.

“As a leader in payment and stablecoin solutions, MoonPay’s integration greatly enhances TRON’s trajectory as a global settlement network.”

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