Recently, TRON officially reached a collaboration with El Dorado, a leading payment platform in Latin America, planning to trial the no Gas fee stablecoin trading service based on USDT from October 7 to October 30. This service allows users to withdraw USDT for free daily through the El Dorado platform from the TRON network, effectively reducing transaction costs and attracting significant attention. This move not only showcases TRON's technology and market capabilities but is also an important step for Justin Sun in promoting inclusive finance in blockchain payments. 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 the blockchain network, users typically need to pay Gas fees during transactions as the cost of verifying transactions, packaging blocks, and other tasks. TRON's no Gas fee trading model lands for the first time in Latin America, aiming to reduce transaction expenses and make daily payments more convenient. For Latin American users, through the El Dorado platform, USDT will become a low-cost, high-efficiency payment method applicable in daily life.
The 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 and then promoted to Ethereum and other EVM-compatible public chains, further expanding the coverage of no Gas fee trading services.
El Dorado: The payment pioneer of Latin America
El Dorado is one of the leading stablecoin payment platforms in Latin America, supporting multiple 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 in enhancing the popularity and application range of its USDT, allowing users in the Latin American region to easily obtain and use USDT for payments. El Dorado's diverse payment channels also facilitate the large-scale application of USDT payments, further enhancing TRON's user coverage and market penetration.
An important step in the popularization of blockchain
The collaboration with El Dorado represents TRON's firm step in promoting blockchain payment in the Latin American market. This collaboration not only allows Latin American users to enjoy a more convenient payment method but also effectively lowers the entry barrier for blockchain payments, enabling more people to experience the advantages of digital currency. For TRON, the influence of the Latin American market is continuously expanding, which not only promotes the adoption of USDT but also showcases TRON's pioneering role in promoting blockchain technology and stablecoin applications globally.
TRON's collaboration with El Dorado has trialed the no Gas fee trading model for the first time in the Latin American region, not only proving TRON's technology and services but also marking an important innovation in the popularization of the blockchain market in Latin America. By lowering 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 globally.
