Web3 shopping platform Uquid recently stated on social media that as many as 48.78% of Uquid users in Latin America use TRC 20-USDT for shopping. This data highlights the increasingly significant demand for TRC 20-USDT among users in the region.
Uquid noted that the TRON network is known for its high throughput, scalability, and low transaction fees, and can process up to 2,000 transactions per second (TPS), ensuring fast and efficient transactions. In addition, low transaction fees make the TRON network a cost-effective solution for digital transactions, which is crucial for users in Latin America and the Caribbean.
TRC 20-USDT is a stablecoin pegged to the US dollar issued by Tether based on the TRON network, with advantages such as fast transfer speed and high security. As the largest issuing network of USDT, the issuance of TRC 20-USDT on TRON has exceeded 59.8 billion, accounting for 52% of the total circulation of USDT.
Stablecoin payment has become one of the use cases widely accepted by non-crypto users. In the future, TRON will continue to leverage the advantages of a secure and efficient public chain to bring more convenience to global users.