UQUID Report Highlights TRON’s Dominance in E-Commerce Payments
- TRON accounted for over one-third of total monthly transaction volume on UQUID, increasing from 29% in January to nearly 39% by June.
- USDT on TRON represented more than 54% of all stablecoin activity on the UQUID platform.
- In Latin America, TRON had a transaction share of 45%, followed by Africa at 35%, and Asia at 25%.
- TRON’s transaction fees are typically under $0.01, with confirmation times within seconds, making it ideal for Web3 payments.
- As of September, TRON has recorded over $27 billion in total value locked (TVL) and more than $79 billion in USD Tether (USDT) circulating supply.
The report underscores TRON’s growing role as a preferred payment network in emerging markets, where affordability and reliability are crucial for digital commerce. With its technical advantages and significant market share across regions, TRON is enhancing financial inclusion through accessible payment solutions.
Overall, TRON’s dominance is evident as it captured a substantial portion of transactions on UQUID, particularly with USDT leading stablecoin activities at over half the platform’s volume.(Source)
