Recently, TRON officially reached a partnership with El Dorado, a leading payment platform in Latin America, to trial no Gas fee stablecoin transaction services based on USDT from October 7 to October 30. This service allows users to withdraw USDT from the TRON network for free through the El Dorado platform daily, effectively lowering transaction costs and attracting significant attention. This move is not only a strong demonstration of TRON's technology and market capability but also an important step by Justin Sun in promoting inclusive finance in the blockchain payment field. Through this collaboration, TRON further expands its influence in Latin America and significantly enhances the accessibility and convenience of its blockchain payment services, laying a solid foundation for the promotion of global blockchain payment applications.
No Gas Fee Model Reduces Blockchain Transaction Costs
In blockchain networks, users typically need to pay Gas fees during transactions as the cost for the network to validate transactions and package blocks. TRON's no Gas fee transaction model has been launched for the first time in Latin America, aiming to reduce transaction expenses and make daily payments more convenient. For Latin American users, USDT will become a low-cost, high-efficiency payment method through the El Dorado platform, applicable in everyday life.
The trial implementation of this no Gas fee model demonstrates TRON's leading advantage in stablecoin transactions. As the world's largest USDT circulation network, TRON has significant advantages in liquidity, speed, and low fees, providing users with a friendly trading experience. Justin Sun stated that the no Gas fee stablecoin transfer plan will first be trialed on the TRON network, followed by promotion to Ethereum and other EVM-compatible public chains, further extending the coverage of no Gas fee transaction services.
El Dorado: The Payment Pioneer of Latin America
El Dorado is one of the leading stablecoin payment platforms in Latin America, supporting various payment methods including Zinli, Wally, PayPal, and Zelle, meeting the payment needs of Latin American users in their daily lives. Through collaboration with El Dorado, TRON takes an important step towards enhancing the popularity and application scope of its USDT, enabling users in the Latin American region to easily access and use USDT for payments. El Dorado's diversified payment channels also allow for large-scale application of USDT payments, further enhancing the user coverage and market penetration of the TRON network.
An Important Step Towards Blockchain Popularization
The partnership with El Dorado represents TRON's firm step towards promoting blockchain payments in the Latin American market. This collaboration not only allows Latin American users to enjoy more convenient payment methods but also effectively lowers the entry barriers for blockchain payments, enabling more people to experience the benefits of digital currency. For TRON, the influence in the Latin American market is continuously expanding, which not only promotes the popularity of USDT but also showcases TRON's pioneering role in advancing blockchain technology and stablecoin applications globally.
TRON's collaboration with El Dorado has first trialed the no Gas fee transaction model in the Latin American region, which not only serves as a strong proof of TRON's technology and services but also represents an important innovation in popularizing the blockchain market in Latin America. By reducing transaction costs, TRON enables more users to easily join the trend of blockchain payments. This initiative also lays a solid foundation for TRON's future expansion on a global scale.
