2 weeks Ago By Georgia
Global fintech company, Unlimit collaborates with TRON DAO aimed at enhancing its payment solution and facilitating easier access to DeFi, GameFi, and NFT platforms in emerging markets. Unlimit will utilize “Energy as a Resource” which will reduce the on-chain gas fees on the TRON network, making its service even more cost-effective. In TRON, Energy can be utilized to execute smart contracts, and users can obtain Energy by staking the native utility token of the TRON network, TRX.
The TRON network is the second largest blockchain by stablecoin transaction volume, with a stablecoin market cap exceeding $60 billion USD, providing stablecoins with the infrastructure needed within countries with high inflationary economic trends, as seen across Latin America, Africa, Central Asia and Southeast Asia. Head of Unlimit’s on & off-ramp division, Bryan Feng, said: “With this collaboration, we are aiming to simultaneously achieve transaction affordability and target users in fast-adopting regions, like Latin America for example. Looking ahead, we aspire to become the primary On/Off Ramp provider for TRON, driving further adoption of TRON-based tokens and expanding our user base.
We feel this partnership is an important next step in our mission to an omnipayments borderless world and are excited about what we will be able to achieve in unison.” Sam Elfarra, Community Spokesperson for TRON DAO, stated : “This collaboration is a great step forward at showcasing the unique benefits of building on, or integrating, the TRON network. Additionally, users and businesses that interact with the Unlimit platform will enjoy $0 or close to $0 on-chain gas fees, all thanks to the TRON network’s innovative resource model.
” In the coming months, Unlimit plans on exploring the immense potential of providing seamless stablecoin transactions to emerging market populations. These stablecoins can serve as safe havens in inflationary countries such as Venezuela and Argentina, and facilitate remittances between expat communities in developed regions (North America and Europe) and their relatives in developing countries..
