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TRON Teams Up With MoonPay to Crack US Market—TRX Stages Comeback

TRON Teams Up With MoonPay to Crack US Market—TRX Stages Comeback

Published:
2025-05-07 16:11:29
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TRON’s latest power move? Partnering with crypto-onramp giant MoonPay to bulldoze into the US market. Just as regulators start sharpening their knives—classic timing.

TRX price pumps 12% on the news, because nothing excites traders like a fresh fiat gateway. Even after last month’s 30% bloodbath. Ah, crypto—where ’fundamentals’ mean ’who’s got the best marketing budget this week.’

The playbook is clear: Buy the rumor of adoption, sell the news of actual usage. Meanwhile, Wall Street still thinks ’stablecoin’ is a type of office chair.

Tron And Moonpay Team Up

TRON and MoonPay Team Up, Source: X

As of now, U.S. users can purchase TRX directly on the MoonPay platform, which acts as a simple gateway between traditional money and cryptocurrencies. This gives American users easy access to TRON’s fast-growing decentralized ecosystem, where over 8.3 million transactions happen every day.

TRX is already listed on over 130 exchanges and has a market capitalization of more than $23 billion as of April 2025, ranking it among the top cryptocurrencies worldwide.

MoonPay’s CEO, Ivan Soto-Wright, expressed Optimism about the collaboration, citing TRON’s outstanding performance in areas such as decentralized finance (DeFi), stablecoins, and powering innovative blockchain applications. He explained that this is just the beginning of a larger relationship with TRON.

Sam Elfarra, a spokesperson for TRON DAO, also welcomed the integration, calling it a big win for TRON’s expansion in the U.S. market. He believes having a reliable and instant payment platform like MoonPay onboard supports TRON’s goal to become a major global payment network.

TRON has also made headlines for maintaining the second-largest supply of USDT, one of the most widely used dollar-backed stablecoins. TRON’s overall USDT supply just hit an all-time high of $71.9 billion, illustrating the strength of the platform in blockchain-based payments, especially in developing nations and cross-border payments.

Despite a wider crypto market collapse, the TRX price has been somewhat resilient. From a December 2024 high of $0.4407, the token has held fairly steadily and now sits at the $0.24 level. Moreover, after the announcement today, TRX price rebounded from an intraday low of $0.2437 to $0.2480 at the time of writing on Wednesday, May 7.

This collaboration between TRON and MoonPay is indicative of major crypto players uniting to drive digital assets toward being more available and convenient to use in their day-to-day applications.

Also Read: TRON price Teases Bullish Reversal, TRX Crypto to Hit $0.30?

    

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