On May 7, a new partnership was announced between MoonPay and TRON DAO, adding support for the TRX token for US users. The integration will allow MoonPay users to easily purchase TRX and interact with the TRON ecosystem, which processes an average of 8.3 million transactions per day.
MoonPay CEO and co-founder Ivan Soto-Wright called the partnership just the first step in a series of future initiatives. According to him, TRON has shown impressive results in areas such as decentralized finance and stablecoins, and plays an important role in innovative platforms. He emphasized that this will make it easier for US users to join the rapidly growing TRON community and take advantage of its opportunities.
On behalf of TRON DAO, the statement was made by community representative Sam Elfarra. He noted that TRX’s inclusion on the MoonPay platform, which focuses on instant and programmable payments, is a significant step forward. Elfarra emphasized that the integration with MoonPay strengthens TRON’s position as a global payment network, especially in light of its active expansion plans in the payment solutions space.
The integration comes amid growing stablecoin supply on the TRON network. As of May 7, their total supply reached a record $71.9 billion. Stablecoins play an important role in the blockchain payment infrastructure, and this figure indicates TRON’s growing importance in global transactions. In addition, on May 1, World Liberty Financial, a company associated with President Donald Trump, announced the launch of its USD1 stablecoin on the TRON network, further strengthening its status.
Despite the instability of the crypto market as a whole, the TRX rate remains relatively stable. After reaching an all-time high of $0.4407 in December 2024, the token stabilized around $2.4 and has held that position to this day.
The partnership with MoonPay could give TRON a new boost in the US and open up additional opportunities for both users and platform developers.