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MoonPay enters strategic collaboration with TRON
By: bitcoin ethereum news|2025/05/08 02:15:02
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Geneva, Switzerland, May 7, 2025 – TRON DAO , the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), has announced a strategic collaboration with MoonPay , the global leader in crypto payments. The first phase of the collaboration enables users across the United States to purchase TRX, the native utility token of the TRON network, directly through the MoonPay platform. The addition of TRX for MoonPay’s U.S. users creates accessibility to TRON’s dynamic ecosystem of decentralized finance where an average of 8.3 million transactions are completed each day across the TRON blockchain. TRX is listed on over 130 exchanges and ranks among the top cryptocurrencies by market capitalization – exceeding $23 billion as of April 2025. “TRON continues to deliver impressive results across its entire ecosystem – from DeFi and stablecoin leadership to powering some of today’s most innovative platforms,” said MoonPay’s co-founder and CEO, Ivan Soto-Wright. “We’re excited to make TRX accessible to 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.” Alongside TRX, the ecosystem supports a variety of tokens, including the second-largest circulating supply of USDT, the USD-pegged stablecoin issued by Tether. TRON also recently announced that the total circulating supply of USDT on the TRON blockchain has exceeded $70 billion. Particularly in emerging markets and cross-border transactions, TRON has become a foundational layer for real-world blockchain applications. “Having TRX available for US users on MoonPay’s instant, programmable payments platform is a very positive development for our ecosystem,” said Sam Elfarra, Community Spokesperson for TRON DAO. “As a leader in payment and stablecoin solutions, MoonPay’s integration greatly enhances TRON’s trajectory as a global settlement network.” About TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017 by H.E. Justin Sun, the TRON blockchain has experienced significant growth since its MainNet launch in May 2018. Until recently, TRON hosted the largest circulating supply of USD Tether (USDT) stablecoin, exceeding $70 billion. As of April 2025, the TRON blockchain has recorded over 303 million in total user accounts, more than 10 billion in total transactions, and over $20 billion in total value locked (TVL), based on TRONSCAN. TRONNetwork | TRONDAO | X | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum Media contact Yeweon Park [email protected] About MoonPay MoonPay creates a world where you own your digital future, giving you control of your identity, money, property and data. We are the market leader in end-to-end solutions simplifying access to the crypto economy for 30M+ verified accounts across 180+ countries, and trusted by iconic global brands to power the creation and movement of digital value. Media contact [email protected] Source: https://cryptobriefing.com/tron-moonpay-collaboration/
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