MoonPay has announced the addition of support for TRON, enabling U.S. users to purchase TRX tokens. This collaboration opens access to TRON's active ecosystem.
Collaboration Between MoonPay and TRON
On May 7, TRON DAO announced a partnership with MoonPay, one of the largest fiat-to-crypto services. This will allow U.S. users to easily purchase TRX through the MoonPay platform. According to MoonPay co-founder and CEO Ivan Soto-Wright, this partnership is the first step towards deeper integration between the two organizations.
CITE_W_A: "TRON continues to deliver impressive results across its entire ecosystem. We’re excited to make TRX accessible to our U.S. users, unlocking new opportunities."
Growth of the TRON Network
Sam Elfarra, Community Spokesperson for TRON DAO, emphasized the importance of a reliable onramp for U.S. users, aligning with TRON's ambitious expansion plans, particularly in payment facilitation.
CITE_W_A: "Having TRX available for U.S. users on MoonPay’s instant platform is a positive development for our ecosystem."
TRX Metrics and Trends
On May 7, the supply of stablecoins on TRON reached an all-time high of $71.9 billion, emphasizing the significance of these assets for blockchain-based payments. Despite an overall downturn in the markets, TRX has remained relatively stable since December 2024. After reaching its all-time high of $0.4407 in December, the token has stabilized around the $2.4 mark.
The collaboration between MoonPay and TRON opens new opportunities for users in the U.S., which could further drive the growth and strengthening of the TRON ecosystem.