Tether and Uquid Partner to Demonstrate USD₮ in Everyday Transactions

On Jun 29, 2024

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 enhances 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 commitment to efficiency and user experience is highlighted by its near-instant transaction finality, allowing traders to quickly capitalize on market opportunities without delays or failed orders. Additionally, the project introduces a dedicated block explorer for enhanced transparency, enabling users to track transactions seamlessly.

While the technical aspects of Pepe Unchained are impressive, the project also embraces its meme coin roots with a playful yet forward-thinking ethos. The recent popularity of the Pepe theme, which has reached an all-time high, adds to its appeal and attracts a broad range of investors.

An additional allure of Pepe Unchained lies in its presale offering, which includes a compelling staking APY for early investors. This not only incentivizes participation but also indicates strong confidence in the project’s long-term viability and growth potential. The PEPU token, currently priced at $0.008, is set to increase after each stage of the presale, which is structured in a tiered format.

Supported by enthusiastic endorsements across social media platforms and the broader crypto community, Pepe Unchained stands out as a promising investment opportunity. Its seamless bridging capabilities between Ethereum and the Pepe Chain further enhance 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 contender in the cryptocurrency market. The project’s innovative use of Layer 2 solutions, coupled with its engaging theme and strong community support, suggests a bright future for both early investors and the broader crypto community.

Visit Pepe Unchained Presale