According to @moonshot, Tron's (TRX) plan to go public on the NASDAQ via a reverse merger is being analyzed as a potential 'Visa moment' for stablecoins, offering equity investors direct exposure to the payment rails of emerging markets. The source highlights that the Tron network handles 30% of all stablecoin transactions and half of all circulating USDT, with on-chain data from CryptoQuant showing significant whale activity. While the broader market sentiment is improving, with digital asset investment products seeing $1.9 billion in inflows last week according to CoinShares, several major cryptocurrencies are showing signs of profit-taking. The report notes that Dogecoin (DOGE) was down nearly 4%, with Tron (TRX), XRP, BNB Chain (BNB), Solana (SOL), and Cardano (ADA) also posting losses, suggesting traders are securing profits near resistance levels. Meanwhile, analysts like Kraken's Thomas Perfumo observe that spot ETFs are absorbing supply faster than anticipated, creating a supportive structural bid for assets like Bitcoin (BTC).

According to Milk Road, Tron (TRX) is set to boost its legitimacy in the cryptocurrency market through a high-profile partnership involving the President's son, aimed at taking the company public. This move is expected to enhance investor confidence and could positively impact TRX trading volumes and price stability, as the association with a prominent political figure lends greater credibility to the Tron brand (source: Milk Road, June 16, 2025).

According to Crypto Rover, Trump-backed American Bitcoin has officially gone public through a merger with Gryphon, marking a significant development for crypto-related equities and the broader Bitcoin ecosystem (source: Crypto Rover, May 12, 2025). This public listing is expected to boost investor confidence in U.S.-based Bitcoin operations, potentially increasing liquidity and attracting institutional interest in crypto mining stocks. Traders should watch for volatility in related equities and monitor sector ETFs for increased volume as traditional finance gains new exposure to Bitcoin through this high-profile merger.

According to Paolo Ardoino, Tether does not need to go public. This decision suggests Tether aims to maintain operational flexibility and avoid the regulatory scrutiny that comes with public listings. Traders should note that Tether's private status allows it to potentially offer stablecoin services without the constraints of public company reporting requirements, which could impact its market positioning and liquidity options. Source: Paolo Ardoino on Twitter.