UQUID Integrates USDT on TRON for Efficient Public Transport Payments in Argentina

UQUID, a leading Web3 shopping platform, has announced the integration of USDT on the TRON blockchain for topping up SUBE cards, used for public transportation in Argentina. This development aims to simplify the management of transportation expenses for Argentine commuters by leveraging cryptocurrency for daily transactions.

SUBE cards are widely used across Argentina for various modes of public transport, including buses, subways, and trains. The new feature allows users to top up their cards using USDT on the TRON blockchain, known for its low fees and rapid transaction times. This integration eliminates the need for physical top-up locations and long queues, offering commuters the convenience of adding credit to their cards almost instantly, anytime and anywhere.

Tran Hung, CEO of UQUID, emphasized the stability, low fees, and speed of USDT on the TRON blockchain as key factors for its selection, aiming to enhance commuting and simplify financial transactions for users. Dave Uhryniak, Leader of Ecosystem Development at TRON DAO, highlighted the practical utility of cryptocurrency in everyday life, noting that this integration sets a new standard for digital asset convenience in Latin America.

This new feature is particularly significant in Argentina's high-inflation economy, where the stability of USDT, a stablecoin pegged to the US dollar, helps maintain the purchasing power of commuters' funds. The low transaction fees and fast processing times of the TRON network make it a cost-effective and efficient solution for everyday financial transactions.

The adoption of USDT on TRON has been growing rapidly in Latin America, driven by the need for stable and efficient financial solutions in economically unstable regions. UQUID reports that nearly 48.78% of their users in Latin America utilize USDT on the TRON network for purchases, reflecting a growing preference for TRON-based transactions.

This integration marks a significant advancement in the use of blockchain technology for everyday transactions, offering a modern solution for Argentine commuters and highlighting the potential of cryptocurrency to provide practical, real-world benefits. It underscores the growing trend of digital finance adoption in Latin America and beyond.