TRX Surges 2.89% as Tron Eyes $210M US Public Debut and USD1 Stablecoin Launch

TRXUSDT has risen 2.89% over the past 24 hours, with the price moving from a 24h open of $0.2729 to $0.2808 on Binance. This positive price change is primarily attributed to several significant developments: Tether’s freeze of over 12 million USDT on the Tron network for regulatory compliance, which affected USDT liquidity but did not disrupt overall network stability; the first minting of the USD1 stablecoin on Tron, signaling further ecosystem integration; and major news that Tron is set to go public in the US through a $210 million reverse merger, with Eric Trump taking a leadership role—an event that has driven heightened investor interest and bullish sentiment. TRX remains the ninth largest cryptocurrency by market capitalization, with a current market cap of approximately $26.6 billion and 24-hour trading volume exceeding $1.06 billion, reflecting strong liquidity and continued upward momentum.