El Dorado, the leader in sablecoin payments in Latin America, is pleased to announce a strategic partnership with Tron DAO, a global leader in blockchain technology. This collaboration aims to promote the widespread adoption of USDT (Tether) on the Tron Blockchain across the region by piloting the world’s first GASLESS transactions.
Driving Financial Inclusion with Tron, USDT TRC20 and El Dorado P2P
By integrating Tron-issued USDT into the El Dorado app, Latin Americans can access borderless peer-to-peer payments while protecting their wealth from the volatility of local currencies.
Justin Sun, Founder of Tron, emphasized the importance of this partnership: “Our collaboration with El Dorado P2P aims to promote financial stability and inclusion through increased adoption of USDT on Tron in Latin America. By making USDT more accessible, we are empowering millions of individuals and businesses to conduct transactions seamlessly and securely.”
Accelerating the Adoption and Usage of USDT TRC20
Since its launch, El Dorado P2P has powered over 2,500,000 USDT peer-to-peer transactions in Latin America, serving a community of over 250,000 people.
By connecting the Tron blockchain to over 70 of Latin America’s most widely used payment rails, El Dorado is at the forefront of accelerating the adoption and use of stablecoins in the region. This integration simplifies the process for users to convert their local currency to USDT, allowing them to conduct everyday transactions with ease.
“Our platform is designed to provide a seamless and user-friendly experience for peer-to-peer transactions of TRC20 USDT in Argentina, Brazil, Colombia, Panama, Peru and Venezuela,” said Guillermo Goncalvez. “Thanks to the issuance of USDT on the Tron Blockchain, our users can enjoy the stability of the US dollar while enjoying the convenience and speed that stablecoins like Tether on Tron can offer.”
The Future for Tron DAO and El Dorado P2P
El Dorado P2P and Tron DAO are committed to expanding their reach and enhancing their services to better support users across Latin America. By continuing to promote the adoption of stablecoins like USDT, they are paving the way for a more inclusive and resilient financial ecosystem in the region.
Alessandro Cecere, CMO and Co-Founder of El Dorado, highlighted the impact of this partnership: “At El Dorado, we are working to ensure that Latin Americans, regardless of their financial situation, can leverage the transformative potential of stablecoins like USDT. By piloting the world’s first GASLESS USDT TRC20 transactions, we are making digital dollars more accessible across Latin America, empowering people to participate in a more inclusive and resilient financial ecosystem.”
About El Dorado P2P
El Dorado is a pioneering stablecoin app in Latin America, allowing users to buy, sell, and use stablecoins like USDT. With a focus on financial inclusion and accessibility, El Dorado is transforming the way Latin Americans transact and manage their finances.
Media Contact
Alessandro Cecere
marketing@eldorado.io
About Tron DAO
Tron DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and dApps. Tron hosts the largest circulating supply of the USD stablecoin Tether (USDT) worldwide, surpassing USDT on Ethereum since April 2021.
The Tron network completed full decentralization in December 2021 and is now a community-governed DAO.
For more information about the partnership and upcoming initiatives, visit El Dorado and Tron.
The article El Dorado and Tron DAO Partner to Conduct World’s First GASLESS Transactions appeared first on BeInCrypto.
