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Toncoin Targets U.S. Market as Crypto Regulations Brighten

  • The TON Foundation expands into the U.S. market, supported by pro-crypto policies under President-elect Trump.
  • Manuel Stotz appointed president to lead TON’s U.S. growth.
  • TON price increased 3.46% to $5.36, reacting positively to U.S. expansion news.

TON blockchain is expanding into the U.S. market. This move comes as U.S. crypto regulation becomes more favorable.

Under President-elect Donald Trump, the U.S. is shifting toward a more crypto-friendly approach. This is a stark contrast to the stricter regulations of the previous President Joe Biden administration.

TON’s U.S. Expansion Plans

As reported by Bloomberg on January 14, the TON Foundation, which oversees the TON blockchain, has set its sights on the U.S. market. The foundation believes the U.S. will become a global hub for cryptocurrency innovation.

This optimism is fueled by Trump’s pro-crypto stance. He has pledged to make the U.S. “the crypto capital” of the world. His policies will likely benefit digital assets like TON.

The TON Foundation appointed Manuel Stotz as its new president to lead the expansion. Stotz replaces Steve Yun, who remains on the board.

Source: X
Source: X

Stotz brings valuable experience from Kingsway Capital Partners. His leadership is expected to guide TON’s growth in the U.S. market.

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Toncoin’s Growing Adoption

Toncoin is the native cryptocurrency of the TON blockchain.

The U.S. expansion targets the growing adoption of Toncoin. As of January 2025, the value of Toncoin has been increasing. This momentum is expected to continue as the TON Foundation expands into new markets.

Trump’s attitude toward crypto has shifted. In July 2024 during the Bitcoin conference in Nashville, he referred to Bitcoin as a symbol of “freedom, sovereignty, and independence from government.”

He has also pledged to create a Bitcoin strategic reserve. These steps are part of his broader plan to support cryptocurrency.

Trump’s policies offer a more welcoming environment for crypto projects like TON. His administration’s stance on digital assets contrasts with the previous administration’s regulatory approach.

Ripple’s recent success in launching its stablecoin RLUSD despite pending dispute with the Securities and Exchange Commission (SEC)further shows the U.S. is warming to crypto.

The stablecoin launched with approval from the New York Department of Financial Services (NYDFS) and quickly gained support from major exchanges.

This is a sign that the U.S. market is ready to embrace new digital assets. The success of Ripple’s RLUSD highlights the growing acceptance of blockchain technology in the U.S.

Toncoin Price Reaction

As the TON Foundation’s U.S. expansion gains traction, Toncoin has seen a notable price increase. TON’s price is currently at $5.36, following a 3.46% rise over the last 24 hours.

TON/USDT Chart | Tradingview
TON/USDT Chart | Tradingview

This price surge appears to be reacting positively to the news of the blockchain entering the U.S. market.

With the increased visibility and adoption potential in the U.S., TON is likely to maintain bullish momentum in the short to medium term.

Disclaimer

The contents of this page are intended for general informational purposes and do not constitute financial, investment, or any other form of advice. Investing in or trading crypto assets carries the risk of financial loss. The forecasted data (also called “price prediction”) on this page are subject to change without notice and are not guaranteed to be accurate.

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Arnold Kirimi
Arnold Kirimi
Arnold Kirimi is a crypto and Web3 journalist from Nairobi, Kenya. With a sharp eye for emerging trends and a talent for demystifying blockchain jargon, Kirimi turns complex concepts into compelling narratives. Featured in top outlets like Cointelegraph, DailyCoin and CryptoSlate.