On June 25, 2024, Tether Operations Limited, a major player in the digital asset world, partnered 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 using advanced decentralized finance (De-Fi) technology and blockchain infrastructure, they aim to make crypto micropayments and crypto shopping easier and more fun.
Exploring how USD₮ drives digital shopping and crypto transactions
This new store is a major step forward in digital commerce, allowing people to purchase a wide range of products for just USD₮, making shopping fast and hassle-free. You have access the 1 USD₮ Store via the website 1USDt.store or via the @shop1USDt_bot on Telegram. The store offers everything from digital goods such as mobile top-ups and gift cards to physical items, all priced under 1 USD₮, targeting different markets.
Since 2016 Uquid is a pioneer in Web3 shopping infrastructure, using blockchain technology and decentralized finance to create a secure and transparent shopping experience. They have upgraded their De-Fi payment system to solve Web 2.0 shopping issues and provide a smooth and secure Web3 shopping solution.
Paolo Ardoino, CEO of Tether, shared his excitement about the partnership, saying: “We are excited to work with Uquid to transform the crypto shopping experience. In the past, users could only dream of unlimited cross-border payment solutions that are reliable and unlimited. Now we’re making this a reality and we’re 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, emphasized the importance of the launch of the 1 USD₮ Store:
The launch of the 1 USD₮ Store is an important milestone in our journey to bridge the gap between digital currencies and everyday transactions, making crypto micropayments practical. Our dual-platform approach allows customers to access our services via Telegram or our online portal, increasing 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₮ into the Ton blockchain, increasing the usefulness of the store. This integration leverages Ton Network’s fast and cost-effective transactions, improving the overall shopping experience. The integration of USD₮ provides lower processing fees and faster transaction speeds, making everyday crypto use more practical. This strategic move is in line with the growing demand for efficient crypto payment solutions in online shopping. By adopting USD₮ on the Ton blockchain, UQUID Shop offers fast and cost-effective transactions, especially for international purchases. With over 160 million products available and support for transactions in over 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, underlines their commitment to revolutionize digital transactions and improve accessibility for a global audience. The 1 USD₮ store and the integration of USD₮ on the Ton blockchain mark significant progress in making cryptocurrency practical for everyday use. This partnership reinforces Tether’s commitment to advancing the digital use of fiat currency, advancing financial freedom and providing access to the unbanked population.
Tether and Uquid are teaming up to demonstrate the use 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 pre-sale project with innovative Layer 2 solutions
Launched in June 2024, Pepe Unchained uses advanced Layer 2 technology, which represents a significant improvement over traditional Ethereum-based projects. This strategic use of Layer 2 scaling solutions not only improves transaction speeds, but also addresses key pain points such as high fees and network congestion, potentially making transactions 100 times faster than on Ethereum.
Pepe Unchained’s commitment to efficiency and user experience is highlighted by the near-instant finality of the transaction, allowing traders to quickly take advantage of market opportunities without delays or order failures. Additionally, the project introduces a dedicated block explorer for improved transparency, allowing users to track transactions seamlessly.
While the technical aspects of Pepe Unchained are impressive, the project also embraces its meme-mint roots with a playful yet forward-thinking ethos. The recent popularity of the Pepe theme, which has reached an all-time high, increases its appeal and attracts a wide range of investors.
An additional appeal of Pepe Unchained lies in its pre-sale offering, which includes an attractive staking APY for early investors. This not only encourages participation, but also indicates strong confidence in the long-term viability and growth potential of the project. The PEPU token, currently priced at $0.008, will rise after each stage of the presale, which is structured in a tiered format.
Backed by enthusiastic messages of support on social media platforms and the broader crypto community, Pepe Unchained stands out as a promising investment opportunity. The seamless bridging capabilities between Ethereum and the Pepe Chain increase its appeal, potentially paving the way for broader cross-chain interactions and liquidity.
The combination of technical prowess and strategic marketing through social media endorsements has positioned Pepe Unchained as a notable competitor in the cryptocurrency market. The project’s innovative use of Layer 2 solutions, coupled with its compelling theme and strong community support, suggests a bright future for both early investors and the broader crypto community.
Visit Pepe Unchained presale
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