UQUID Launches USDT on TRON for SUBE Card Top-Ups in Argentina
August 1st, 2024 3:23 PM
By: Newsworthy Staff
UQUID has introduced a new feature allowing Argentine commuters to top up their SUBE cards using USDT on the TRON blockchain, revolutionizing public transport payments and demonstrating the practical application of cryptocurrency in daily life.

In a significant move towards integrating blockchain technology into everyday transactions, UQUID, a leading Web3 shopping platform, has unveiled a new feature that enables users in Argentina to top up their SUBE cards using USDT on the TRON blockchain. This innovation aims to streamline public transportation payments, offering a more efficient and accessible solution for millions of commuters across the country.
SUBE cards, which are essential for accessing public transportation in Argentina, including buses, subways, trains, trolleybuses, and ferries, can now be recharged using cryptocurrency. This development is particularly impactful in Greater Buenos Aires and over 60 other towns, including popular destinations like Bariloche, Ushuaia, and Mendoza.
Tran Hung, CEO of UQUID, emphasized the importance of this integration, stating, "Integrating blockchain into daily life is key to our mission of simplifying transactions. We chose USDT on TRON for its stability, low fees, and speed, making it ideal for LATAM users." The decision to implement this system follows UQUID's successful deployment of similar payment solutions in the Philippines, showcasing the company's commitment to expanding blockchain-based financial services globally.
The adoption of USDT on TRON for SUBE card top-ups addresses several key challenges faced by Argentine commuters. Traditionally, recharging these cards involved visiting physical locations or using online banking platforms, often resulting in long wait times and inconvenient processes. By leveraging the TRON blockchain, users can now add credit almost instantly, eliminating the need for queues and providing flexibility for those with busy schedules or non-standard travel hours.
One of the most significant advantages of this new system is its cost-effectiveness. Transactions on the TRON network are known for their low fees, allowing commuters to maximize their travel budgets without incurring substantial transaction costs. Additionally, the use of USDT, a stablecoin pegged to the US dollar, provides a stable transaction value - a crucial factor in Argentina's high-inflation economy.
The integration also democratizes access to transportation by offering an inclusive financial tool accessible to anyone with cryptocurrency, regardless of traditional banking limitations. This aspect is particularly relevant in Latin America, where UQUID reports that nearly 48.78% of their users in the region utilize USDT on the TRON network for purchases, indicating a growing preference for TRON-based transactions.
Dave Uhryniak, Leader of Ecosystem Development at TRON DAO, commented on the integration, stating, "This functionality demonstrates the practical utility of cryptocurrency in everyday life. By leveraging TRON's stability, low fees, and speed, UQUID is setting a new standard for how digital assets can enhance convenience for users in Latin America."
The implementation of this feature represents a significant step forward in the practical application of blockchain technology for everyday financial transactions. It not only offers a modern and efficient solution for Argentine commuters but also highlights the potential of cryptocurrency to provide tangible, real-world benefits. As digital finance adoption continues to grow in Latin America and beyond, innovations like this are likely to play a crucial role in shaping the future of financial transactions and public transportation systems.
For more information about Uquid and its services, interested parties can visit Uquid Official. As this technology continues to evolve, it will be interesting to observe its impact on public transportation systems and the broader adoption of cryptocurrency in daily life across Argentina and potentially other regions.
Source Statement
This news article relied primarily on a press release disributed by News Direct. You can read the source press release here,
