MoonPay Joins Forces With TRON, Adds Support for TRX in the U.S.
MoonPay added support for TRON, enabling U.S. users to purchase TRX tokens and use its blockchain.
MoonPay, one of the largest fiat-to-crypto ramps, will add support for TRON (TRX). On Wednesday, May 7, TRON DAO announced the collaboration with MoonPay, enabling U.S. users to purchase TRX through its platform.
The integration allows MoonPay users to access TRON’s active ecosystem, which sees an average of 8.3 million daily transactions. According to MoonPay co-founder and CEO Ivan Soto-Wright, this partnership marks the first step in a broader collaboration between the two organizations.
“TRON continues to deliver impressive results across its entire ecosystem – from DeFi and stablecoin leadership to powering some of today’s most innovative platforms. We’re excited to make TRX accessible to our U.S. users, unlocking new opportunities to participate and benefit from TRON’s diverse, fast-growing ecosystem, with more to come in the near future,” Soto-Wright, MoonPay.
The TRON network continues to grow
Sam Elfarra, Community Spokesperson for TRON DAO, emphasized the importance of a reliable onramp for U.S. users. This aligns with its ambitious expansion plans, especially when it comes to facilitating payments.
“Having TRX available for US users on MoonPay’s instant, programmable payments platform is a very positive development for our ecosystem. As a leader in payment and stablecoin solutions, MoonPay’s integration greatly enhances TRON’s trajectory as a global settlement network,” Sam Elfarra, TRON DAO.
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On May 7, the supply of stablecoins on TRON reached an all-time high of $71.9 billion. Stablecoins are a key metric, as these assets are typically used for blockchain-based payments. What is more, on May 1, Trump-linked World Liberty Financial announced that its USD1 stablecoin is also available on the TRON network.
Despite the overall downturn in the markets, TRX has remained relatively stable since December. After its all-time high of $0.4407 in December 2024, the token stabilized at around the $2.4 range, where it still currently trades.
Read more: TRON’s stablecoin supply reaches new all-time high but TRX price stalls below key resistance
$BTC isn’t done till it gets to the $99,602 mark… It’s gearing itself for a pump to that point… But we all can’t ignore the fact that a bear 🐻 market is coming for a correction of the current pumps… Bearish signs are occurring at $97k heading lower but will it?
#AppleCryptoUpdate seems that Apple now wants to get into the future like every other institutions… Adoption of crypto is here and here for as long as needed… More adoption is needed, more security measures need to be taken into consideration too… I love it… payment’s made easy and stress free..
$BTC price action seem to still have active Bulls in the market… And price targets the $98k to $99k I’m bullish up until that point…then I can see if prices will drop for a retrace… For a more aggressive bullish pump higher..
#DigitalAssetBill is a wonderful take in adding a layer of security in the Crypto market… I for one would love it the new bill would include laws the protect investors and traders from Rug pulls.. And punishment for the offenders… We all on await the 6th of this month on the result..
Bitcoin DeFi will have 300M users, beating Ethereum and Solana: Exec
The first decentralized finance (DeFi) company to launch a user-friendly suite of products on Bitcoin will “win the entire market” of the blockchain’s 300 million users, one crypto founder says.
Alexei Zamyatin, the co-founder of the Bitcoin layer 2 Build on Bitcoin, told Cointelegraph at TOKEN2049 in Dubai that “the advantage of Bitcoin DeFi is that the market is much bigger, you have a much bigger retail user base that you can tap into.”
“It’s not easy to convert it, but if you manage to win in Bitcoin DeFi, you win the entire market.”
Zamyatin said the 300 million Bitcoin users would mean DeFi services on the blockchain would “outgrow everything we've seen so far in Ethereum and Solana.”
Build on Bitcoin is one of the firms looking to win market share, offering a hybrid layer 2 solution that combines Bitcoin’s security with Ethereum DeFi capabilities via BitVM, a platform that processes Turing-complete Bitcoin contracts.
Zamyatin argued that Bitcoin-native bridges are necessary for DeFi on Bitcoin as the blockchain’s security is strong, but it lacks the human talent, tools and network effects of Ethereum.
Alexei Zamyatin speaking with Cointelegraph’s Ezra Reguerra at Token2049. Source: Cointelegraph
Zamyatin said Bitcoin (BTC) yield and stablecoin products are driving strong demand for Bitcoin-based DeFi.
“A lot of institutions that are buying Bitcoin now usually have to find yield on the assets they hold. So Bitcoin yield is becoming a very hot and highly sought-after thing.”
Demand for Bitcoin-backed stablecoins is also skyrocketing because Bitcoin is the “best collateral,” Zamyatin added.
What if we tokenized the Bitcoin ETF so institutions could get access to DeFi yields? pic.twitter.com/2HCpwbCZDS
— alexei (@alexeiZamyatin) April 10, 2025
Bitcoin staking has become the main DeFi use case outside of payments, which involves Bitcoin holders locking their coins in self-custodial vaults or extractable one-time signatures to earn staking rewards on proof-of-stake blockchains like Ethereum.
The Babylon Protocol is currently leading this market with $4.64 billion worth of value locked, representing nearly 80% of all value locked on Bitcoin, DefiLlama data shows.
Bitcoin’s DeFi TVL is still a fraction of the $54.6 billion worth of value locked on Ethereum.
Bridging solutions a controversial topic
Zamyatin acknowledged the numerous hacks on blockchain bridges, but argued most of those incidents resulted from teams failing to manage their private keys, rather than from smart contract vulnerabilities.
While competition in the retail market is wide open, Zamyatin noted that many institutions still hesitate to use bridges, that allow users to move value between incompatible blockchains.
Efforts have been made to increase the number of bridge signers from five to 50 in some cases, Zamyatin noted.
However, institutions have been reluctant to adopt these solutions because they often don’t know who’s signing the transactions.
For example, the Ren Protocol’s RenBTC operates via a decentralized network of nodes called Darknodes, which sign transactions to lock BTC and mint RenBTC to use on other chains.
However, institutions continue to avoid these protocols due to the degree of anonymity involved and instead opt to use trusted custodians like BitGo and Coinbase Custody for such activities.
Magazine: ZK-proofs unlock trillions in Bitcoin for DeFi — BitcoinOS and Starknet
$USDC is stable as before and now it’s getting more traction cause of Visa and it’s integrated stablecoin payments.. It’s available for only Latin America as for now but a global adoption is soon on the way.. I said it before and I’ll say it again… Crypto is the future of fiat and that’s that..
#StablecoinPayments is finally here, after a long while of day dreams about this point in time we live in now…. Stablecoin payments made easy with your Visa card is the best non crypto way to pay.. More adoptions should occur, soon institutions will start to take a real close look at stable coins and it’s advantageous ventures…
#AltcoinETFsPostponed can really say if the SEC has an alternative motive towards the postponement and would like to hold them by their word of “Being Thorough” asking the public for feedback and all…
On the other hand I would really love to know more in detail why it’s been postponed… The SEC should come out with a more detailed explanation of the Postponement…
#Trump100Days has been a roller coaster 🎢 ride for the market and trader’s… China 🇨🇳 going through tariffs left and right from the US and no reasonable comeback from them.. Bitcoin seeing good heights since last year ending till now, meme coins been on the move lately (if you DYOR) I can say for now! It’s been favoring the favorable…
$BTC today seems bearish… Rejection signs showing up on the 4H to the 30M In my book? I classic bull trap.. But who knows 🤷🏽♂️… Anything and everything can happen in this business.. Apply your risk and move on… Profits for err’one this week trading BTCUSDT
#AirdropStepByStep from tasks to reward, I’ll tell you the lil I can on airdrops… 1. Not all airdrops you swap on their DEX are legit 2. Not all free airdrops are legit to 3. Focus on an Ecosystem you love and airdrops won’t be that hard to find and score in 4. DYOR!!!! 5. Not every airdrop will make you a billionaire 6. Don’t be a slut for airdrops (focus on an ecosystem you care about)
#AirdropFinderGuide me personally would say! Get out there, and when I say get out there I mean through your phone , pc or tablet… Get on X or IG , grow your audience (organically) Fill your daily routine with things that link you to airdrops from gurus to blockchain ecosystems Learn to filter the noise… And all this will only happen through trial and error.. AKA Experience
#AbuDhabiStablecoin is just another step in crypto currency adoption and fiat dying slowing…. I say all countries should start it’s process of their national currency being backed by the nations SC (stable coin).. Your country doesn’t have? Start!
#ArizonaBTCReserve is a huge step in crypto adoption.. From one state to 30 states wanting in on the venture…we can’t disagree that they will be bad times for this venture but also good times ahead…
It will help in state development and recreation of job opportunities for others
$XRP today might see a small squeeze but nothing crazy cause with the recent news of its possible and close ETF and it’s massive adoption in Japan I can only see XRP in good condition in the months to come if the devs can keep up and use this winning streak well..
#XRPETF is good news for the community and Devs… Holders and Traders It just accepted In Japan and is seeing good numbers on the chart for just that.. now it’s about to become an ETF close compared to nasdaq Means big things for XRP and the year to come…
#XRPETF looks good… so good for the XRP community and devs. Integrating XRP with the likes of NASDAQ will bring XRP up in the ranks and for it challenging BTC? That doesn’t seem far fetched but not possible now… I mean it’s just got the Go! On its ETF… To Greater Heights XRP… Might get back in Being a Holder of the Coin…
$ETH is gonna be consolidated today, not much movement… Price has been gearing to pump for a while.. the charts says so… huge buy side liquidity piling up And I say may will be the big pop… May will begin its Bull rise…
#TariffsPause is something everyone is trying to crack, to understand what’s the next step of The POTUS and his administration in the Financial markets…. But it’s something we all have to watch unfold on it’s own Can’t be sure.. all just predictions