UQUID integrates USDT on TRON for seamless public transport payments in Argentina
The post UQUID integrates USDT on TRON for seamless public transport payments in Argentina appeared on BitcoinEthereumNews.com.
UQUID, a pioneer in Web3 shopping platforms, has introduced a new feature allowing users to top up their SUBE cards using USDT on the TRON blockchain. This new functionality aims to streamline how Argentine commuters manage their public transportation expenses, leveraging cryptocurrency for everyday transactions. SUBE cards are pre-loadable wallets used for public transportation across Argentina. They allow users to pay fares for buses, subways, trains, trolleybuses, and ferries with ease. This system is widely implemented in Greater Buenos Aires, as well as over 60 other towns, including notable locations such as Bariloche, Ushuaia, and Mendoza. Tran Hung, CEO of UQUID, expressed his enthusiasm for the service, stating, “Integrating blockchain into daily life is key to our mission of simplifying transactions. We chose USDT on TRON for its stability, low fees, and speed, making it ideal for LATAM users. After our success with SSS payments in the Philippines, we’re thrilled to bring this innovative solution for SUBE card top-ups to Argentina. Personally, I am excited to see how these advancements can enhance commuting and simplify financial transactions for our users“. Dave Uhryniak, Leader of Ecosystem Development at TRON DAO commented, “We are excited about UQUID’s innovative integration of USDT on the TRON blockchain for topping up SUBE cards. This functionality demonstrates the practical utility of cryptocurrency in everyday life. By leveraging TRON’s stability, low fees, and speed, UQUID is setting a new standard for how digital assets can enhance convenience for users in Latin America.” Transforming Public Transport Payments in Argentina The SUBE card is essential for Argentina’s public transportation system. Traditionally, topping up these cards involved visiting physical locations like subway stations and kiosks, or using online banking platforms, often resulting in long waits and time-consuming processes. Utilizing the TRON blockchain for SUBE card top-ups ensures rapid transaction times,…
Filed under: News - @ August 1, 2024 2:18 pm