MoonPay, a prominent fiat-to-crypto platform, has added TRON (TRX) to its roster of supported assets, granting U.S. users the ability to purchase TRX and engage with TRON’s expanding ecosystem. The collaboration, officially announced by TRON DAO on May 7, is seen as a key move in advancing TRON’s mission to establish itself as a global settlement network.
Ivan Soto-Wright, co-founder and CEO of MoonPay, emphasized the strategic nature of the partnership, noting that it is only the beginning of a broader push to increase TRON’s market reach.
“We’re thrilled to partner with TRON, a network that has consistently demonstrated innovation and growth across multiple verticals. By integrating TRX, we’re opening the door for millions of U.S. users to participate in TRON’s expanding DeFi, NFT, and payment ecosystems,” Soto-Wright said.
Enhancing Payment Infrastructure and DeFi Accessibility
The addition of TRX on MoonPay’s platform aligns with TRON’s broader strategy of positioning itself as a dominant payment and stablecoin infrastructure provider. Sam Elfarra, Community Spokesperson for TRON DAO, stated that enabling TRX purchases through MoonPay provides U.S. users with critical access to TRON’s DeFi network and stablecoin ecosystem.
“For U.S. users, having access to TRX through MoonPay means direct participation in a thriving ecosystem that processes millions of transactions daily. This integration not only facilitates payment solutions but also strengthens our position as a reliable DeFi infrastructure,” Elfarra explained.
TRON has experienced robust growth in its stablecoin sector, with the supply reaching an all-time high of $71.9 billion on May 7, marking a significant milestone. Notably, the network recently added USD1, a stablecoin launched by Trump-linked World Liberty Financial, enhancing its position as a stablecoin powerhouse.
Additionally, TRX has shown resilience in a volatile market, maintaining stability around the $2.4 range, even after hitting a peak of $0.4407 in December 2024. This price consistency underscores the increasing institutional interest in TRON’s payment and DeFi capabilities.
