Recently, according to reports from well-known foreign media such as The Block, coindesk and cointelegraph, TRON announced that its strategic cooperation with MoonPay, a global crypto payment giant, has made a major breakthrough. As a community-governed decentralized autonomous organization (DAO), TRON is committed to promoting the development of blockchain technology and decentralized applications (DApps) and accelerating the decentralized transformation of the Internet. In this cooperation, MoonPay has seamlessly integrated the TRON wallet, and users can complete the transaction, transfer and storage of TRON tokens such as TRX and USDT without jumping to other platforms.

The integration of TRON wallet in the mobile application not only meets the growing market demand for low-cost and efficient blockchain transactions, but also provides users with a one-stop solution for easy interaction with the TRON network. This move further implements MoonPay’s mission of creating a secure multi-chain experience, allowing users to easily manage crypto assets without switching platforms.

“The TRON network provides a fast, scalable, and low-cost transaction environment for millions of users, and we are very excited to integrate it directly into the MoonPay application,” said Ivan Soto-Wright, co-founder and CEO of MoonPay. “With this upgrade, users can manage their multi-chain assets in a unified way in a whole new way.”

TRON is one of the most widely used blockchain networks in the world, and is well-known for its powerful decentralized financial ecosystem and its leading position in mainstream assets such as USDT. USDT accounts for more than 63% of the global stablecoin market, with a total issuance of approximately US$155 billion, of which more than half is circulated on the TRON chain. At the same time, the TRON network also has the following advantages:

Low transaction fees: Thanks to its Delegated Proof of Stake (DPoS) consensus mechanism and resource model, the gas fee of the TRON network is almost zero. Developers can also stake TRX to further offset user costs.

Fast settlement speed: The TRON network can process more than 2,000 transactions per second, transaction confirmation is almost instant, and a new block can be generated every 3 seconds.

High scalability and low entry barriers to use: TRON provides a fast and low-cost usage experience for professional developers and ordinary users.

MoonPay non-custodial wallet can help users independently control their assets on various chains. After integrating the TRON wallet, users can use the service in one stop, which greatly simplifies the operation process and further implements the purpose of lowering the threshold for encryption and popularizing cryptocurrency.

In this regard, Justin Sun, founder of TRON, said: "MoonPay can effectively eliminate the barriers between users and blockchain. Our expertise in cross-border payments and digital assets will help further popularize blockchain to global users and achieve financial inclusion."

It is reported that MoonPay aims to create a future digital world where everyone can control their own identity and data. As an industry leader in end-to-end solutions, MoonPay provides services to more than 30 million certified users in more than 180 countries, making the crypto economy within reach.

Source: Phoenix Finance

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