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- 48.78% of Uquid users in LATAM use USDT on TRON, highlighting its growing popularity.
- TRON’s high throughput, low fees, and cybersecurity boost make it ideal for LATAM transactions.
Latin America (LATAM) is showing a noteworthy trend where more Web3 consumers are using the TRON network for their transactions. As of right now, an astounding 48.78% of Uquid customers in the area are making their transactions with USDT on the TRON network.
This amazing figure highlights the increasing inclination in the area for TRON-based transactions, which is indicative of a larger movement towards blockchain solutions.
📊A Significant Trend in LATAM #Web3 Shopping
A whopping 48.78% of Uquid users in Latin America utilize USDT on the @trondao network for their purchases. This remarkable statistic underscores the growing preference for TRON-based transactions in the region.
Want to jump on this… pic.twitter.com/VvbqWyooaf— UQUID (@uquidcard) June 21, 2024
TRON’s Advantages: High Throughput, Scalability, and Low Fees
TRON is a popular choice for digital transactions because of its reputation for high throughput, scalability, and low transaction costs. TRON blockchain processing is quick and effective, able to manage up to 2,000 transactions per second (TPS).
Because transaction speed and economy are so important in LATAM, users there will especially benefit from this functionality. TRON’s low transaction costs, which make it an affordable option for digital transactions, further increase its appeal in a region that frequently experiences economic turbulence and local currency depreciation.
A 2023 Bitso study showed how the unstable economy of Latin America (LATAM) was causing digital dollars to grow quickly there.
Customers are turning more and more to USDT for its reliability, low transaction prices, and quick processing times because of the devaluation of local currencies and unstable economic conditions.
The integration of USDT with the TRON blockchain, which gives users a reliable platform for spending and financial planning, increases these benefits even further.
A lot of customers in Latin America find USDT on TRON to be the best option because of its improved speed, security, and affordability thanks to the TRON blockchain.
Enhancing User Experience Through Collaboration
The partnership between TRON and Uquid is about to completely transform users’ shopping experiences in Latin America.
TRON’s cutting-edge blockchain technology and Uquid’s cutting-edge platform combine to enable seamless shopping for more than 166 million products. Together with increasing transaction efficiency, this alliance increases consumer trust in the security and dependability of their transactions.
Meanwhile, TRON (TRX) is trading for about $0.118 as of right now, up 1.24% from the previous day, according to CoinMarketCap. TRX has also displayed a bullish trend during the last week, rising 1.45%. This excellent result emphasizes the increasing market trust in TRON and its room for expansion in the future.
Apart from its success in the market, TRON has improved its cybersecurity protocols. To strengthen its cybersecurity measures, TRON recently teamed with top cybersecurity company Fears Off, according to a prior report by Crypto News Flash.
This collaboration seeks to address any dangers and guarantee the security of transactions on the TRON network, therefore offering users a more secure environment.