TRON (TRX) Is Making Waves in LATAM as 48.78% of Uquid Customers in the Area Are Using USDT on the TRON Network for Their 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.

Uquid, a Web3 payments platform, has recently reported a significant trend in Latin America, with an increasing number of consumers utilizing the TRON network for their transactions. According to Uquid's data, nearly half (48.78%) of its customers in the region are now using USDT on the TRON network for their purchases. This statistic highlights a growing preference for TRON-based transactions in Latin America, indicating a broader shift towards blockchain solutions in the area.

This development aligns with TRON's strengths in high throughput, scalability, and low transaction fees. TRON's blockchain can process up to 2,000 transactions per second (TPS), making it a fast and efficient network for digital transactions.

The speed and affordability of TRON's transactions are particularly beneficial for users in Latin America, where economic instability and local currency depreciation often impact purchasing power. A 2023 Bitso study highlighted how Latin America's volatile economy is driving the rapid growth of digital dollars in the region.

Amidst local currency devaluations and economic turbulence, customers increasingly turn to USDT for its stability, low transaction costs, and fast processing times. This preference is further enhanced by integrating USDT with the TRON blockchain, providing users with a reliable platform for spending and financial planning.

Combining the strengths of both platforms, Uquid users in Latin America are discovering the benefits of using USDT on the TRON network, thanks to its enhanced speed, security, and affordability.

TRON's partnership with Uquid aims to revolutionize the shopping experience for users in Latin America. By integrating TRON's advanced blockchain technology with Uquid's cutting-edge platform, customers can seamlessly shop for over 166 million products. This alliance enhances transaction efficiency while boosting consumer confidence in the security and reliability of their transactions.

Meanwhile, according to CoinMarketCap, TRON (TRX) is currently trading at around $0.118, up 1.24% in the past 24 hours. Over the last seven days, TRX has also shown a bullish trend, rising by 1.45%. This positive performance highlights the increasing market confidence in TRON and its potential for further growth in the future.

In other news, TRON has recently enhanced its cybersecurity protocols. According to an earlier report by Crypto News Flash, TRON has joined forces with leading cybersecurity company Fears Off to bolster its cybersecurity measures.

This collaboration aims to identify and mitigate any potential threats to ensure the safety of transactions on the TRON network, ultimately providing a more secure environment for its users.

News source：https://www.kdj.com/cryptocurrencies-news/articles/tron-trx-waves-latam-uquid-customers-usdt-tron-network-transactions.html

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