Tether and Uquid Partner to Demonstrate USD₮ in Everyday Transactions
On
June
25,
2024,
Tether
Operations
Limited,
a
big
player
in
the
digital
asset
world,
teamed
up
with
Uquid,
a
Web
3
E-commerce
platform,
to
roll
out
the
1USD₮
store.
This
partnership
is
all
about
showing
how
USD₮
can
be
used
for
everyday
purchases
and
digital
shopping.
By
tapping
into
advanced
decentralized
finance
(De-Fi)
technology
and
blockchain
infrastructure,
they
aim
to
make
crypto
micropayments
and
shopping
with
crypto
easier
and
more
enjoyable.
Exploring
How
USD₮
Boosts
Digital
Shopping
and
Crypto
Transactions
This
new
store
is
a
big
step
forward
in
digital
commerce,
letting
people
buy
a
wide
range
of
products
using
only
USD₮,
making
shopping
fast
and
hassle-free.
You
can
access
the
1
USD₮
Store
via
the
website
1USDt.store
or
through
the
@shop1USDt_bot
on
Telegram.
The
store
offers
everything
from
digital
goods
like
mobile
top-ups
and
gift
cards
to
physical
items,
all
priced
under
1
USD₮,
catering
to
various
markets.
Since
2016,
Uquid
has
been
a
trailblazer
in
Web3
shopping
infrastructure,
using
blockchain
technology
and
decentralized
finance
to
create
a
secure
and
transparent
shopping
experience.
They’ve
upgraded
their
De-Fi
payment
system
to
fix
problems
with
Web
2.0
shopping
and
provide
a
smooth
and
secure
Web3
shopping
solution.
Paolo
Ardoino,
CEO
of
Tether,
shared
his
excitement
about
the
partnership,
saying,
“We
are
thrilled
to
work
with
Uquid
to
transform
the
crypto
shopping
experience.
In
the
past,
users
could
only
dream
of
limitless
cross-border
payment
solutions
that
are
reliable
and
unrestricted.
Now,
we
are
making
this
a
reality,
and
we
are
proud
to
be
a
driving
force
behind
this
change.
With
the
launch
of
the
1
USD₮
store,
users
and
merchants
can
now
enjoy
a
new
era
of
convenient,
transparent,
and
rewarding
digital
transactions.”
Tran
Hung,
CEO
of
UQUID,
highlighted
the
importance
of
the
1
USD₮
Store
launch:
Launching
the
1
USD₮
Store
is
a
major
milestone
in
our
journey
to
bridge
the
gap
between
digital
currencies
and
daily
transactions,
making
crypto
micropayments
practical.
Our
dual-platform
approach
lets
customers
use
our
services
through
Telegram
or
our
online
portal,
boosting
the
flexibility
and
reach
of
our
services.
This
initiative,
supported
by
Tether,
sets
a
new
standard
for
convenience
and
accessibility
in
digital
shopping.
UQUID
Shop
Enhances
Global
Shopping
with
Tether
Integration
Lately,
UQUID
Shop
has
integrated
USD₮
on
the
Ton
blockchain,
boosting
the
store’s
utility.
This
integration
leverages
Ton
Network’s
fast
and
cost-effective
transactions,
improving
the
overall
shopping
experience.
The
incorporation
of
USD₮
ensures
lower
processing
fees
and
quicker
transaction
speeds,
making
everyday
crypto
use
more
practical.
This
strategic
move
aligns
with
the
growing
demand
for
efficient
crypto-payment
solutions
in
online
shopping.
By
adopting
USD₮
on
the
Ton
blockchain,
UQUID
Shop
offers
swift
and
economical
transactions,
especially
for
international
purchases.
With
over
160
million
products
available
and
support
for
transactions
in
more
than
200
countries,
UQUID
Shop
is
truly
a
global
platform.
The
integration
of
USD₮
significantly
reduces
transaction
costs,
making
global
shopping
more
accessible
and
affordable.
In
summary,
the
partnership
between
Tether
and
Uquid,
which
began
in
early
2023,
underscores
their
commitment
to
revolutionizing
digital
transactions
and
enhancing
accessibility
for
a
global
audience.
The
1
USD₮
store
and
the
integration
of
USD₮
on
the
Ton
blockchain
mark
significant
advancements
in
making
cryptocurrency
practical
for
everyday
use.
This
collaboration
reinforces
Tether’s
dedication
to
promoting
the
digital
use
of
fiat
currencies,
fostering
financial
freedom,
and
providing
access
to
the
unbanked
population.
Tether
and
Uquid
Collaborate
to
Showcase
The
Use
Case
of
USD₮
in
Everyday
Transactions
Read
more:
https://t.co/29FkdVaaUT
pic.twitter.com/u4AdWHK7od—
Tether
(@Tether_to)
June
25,
2024
Pepe
Unchained:
A
Promising
Presale
Project
with
Innovative
Layer
2
Solutions
Launched
in
June
2024,
Pepe
Unchained
leverages
advanced
Layer
2
technology,
marking
a
significant
improvement
over
traditional
Ethereum-based
projects.
This
strategic
use
of
Layer
2
scaling
solutions
not
only
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transaction
speeds
but
also
addresses
major
pain
points
such
as
high
fees
and
network
congestion,
making
transactions
potentially
100
times
faster
than
on
Ethereum.
Pepe
Unchained’s
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to
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near-instant
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allowing
traders
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market
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Additionally,
the
project
introduces
a
dedicated
block
explorer
for
enhanced
transparency,
enabling
users
to
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transactions
seamlessly.
While
the
technical
aspects
of
Pepe
Unchained
are
impressive,
the
project
also
embraces
its
meme
coin
roots
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yet
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ethos.
The
recent
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Pepe
theme,
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and
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An
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Pepe
Unchained
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offering,
which
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staking
APY
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This
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but
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The
PEPU
token,
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Supported
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Unchained
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Pepe
Chain
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liquidity.
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marketing
through
social
media
endorsements
has
positioned
Pepe
Unchained
as
a
notable
contender
in
the
cryptocurrency
market.
The
project’s
innovative
use
of
Layer
2
solutions,
coupled
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engaging
theme
and
strong
community
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bright
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both
early
investors
and
the
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