UQUID using TRON as core Infrastructure
Who is UQUID?
UQUID is a leading Web3 shopping/eCommerce firm which provides bridges to everyday spending from Crypto. UQUID launched back in 2016 and has successfully grown each year since. The UQUID product catalog contains almost 550,000 digital products and 178 million physical goods. The majority of UQUIDs presence is in Africa, Asia and Latin America. Their user base has been estimated to be over 220 million people which is more than Crypto titans such as Binance and Crypto.com can claim!
Why is UQUID important for TRON?
According to a new report over 1/3 of all TRONs transactions came from UQUID. Know that TRON is no small firm, so for a accounting for a 1/3 for a new partner, that is a massive amount of transactions. Can you envision what this volume will look like next year?
Just announced today - PayPal USD Expands to TRON Network via LayerZero
PayPal USD will be available on the TRON network through Stargate Hydra. This integration builds on LayerZero’s acquisition of Stargate I wrote about Stargate a couple a weeks ago find that here. These will be available as the permissionless token PYUSD0, leveraging LayerZero’s Omnichain Fungible Token (OFT) Standard. This partnership integration will be closely aligned with TRON’s mission to deliver efficient, accessible, and secure settlement infrastructure for users and institutions worldwide.
Summary
To my simple mind UQUID is not just a platform, they are reshaping eCommerce to include all things Crypto. QUID is advancing adoption of Crypto and blockchain offerings. With the UQUID partnership TRON truly is enabling Billions for crypto and crypto transactions then add in PayPal's USD offering I am thinking TRON is THE crypto to beat!
Credit - BLOG Image = cryptobriefing.com = ALL RIGHTS REMAIN!
