MoonPay Partners with TRON to Boost U.S. Crypto Adoption
MoonPay, a leading platform for buying cryptocurrencies with fiat money, has teamed up with TRON (TRX). This collaboration, announced on May 7, allows U.S.users to purchase TRX tokens directly through MoonPay.
The partnership opens up TRON’s vibrant ecosystem to MoonPay users. TRON handles about 8.3 million transactions daily, showcasing its active community. Ivan Soto-Wright, MoonPay’s CEO, sees this as the begining of a deeper relationship between the two entities.
“TRON is excelling in various areas like DeFi and stablecoins. We’re thrilled to make TRX accessible to U.S. users, giving them a chance to engage with TRON’s rapidly expanding ecosystem,” said Soto-wright.
TRON’s growth is evident. On May 7, the network’s stablecoin supply hit a record $71.9 billion.Stablecoins are crucial for blockchain payments. Sam Elfarra, TRON DAO’s spokesperson, highlighted the significance of this integration.
“MoonPay’s platform makes it easier for U.S. users to access TRX. This move supports TRON’s goal of becoming a global settlement network,” Elfarra noted.
TRX has shown resilience despite market downturns. Since December, it has stabilized around $2.4, far from its peak of $0.4407. This stability is a positive sign for TRON’s future.
With this partnership, MoonPay and TRON aim to drive crypto adoption in the U.S. and beyond.
