El Dorado, the leading Stablecoin Payments SuperApp for Latin America, is thrilled to announce a strategic collaboration with Tron DAO, a global leader in blockchain technology.
This collaboration aims to promote the widespread adoption of USDT (Tether) on Tron’s Blockchain across the region, by piloting one of the first GASLESS transactions for stablecoins.
Driving Financial Inclusion with Tron, USDT TRC20, and El Dorado P2P
By integrating USDT issued on Tron into our Stablecoin Payments SuperApp, Latin Americans can access borderless peer to peer payments, while protecting their wealth from the volatility of local currencies.
Withdrawals of USDT via Tron Without Fees
From October 7 to October 30, A LIMITED NUMBER OF DAILY WITHDRAWALS to external wallets will be free. Thanks to our collaboration with Tron, we are able to offer our community free withdrawals for a limited time.
At El Dorado, we are constantly evaluating ways to add value to our community, and this collaboration is proof of that commitment.
Accelerating Adoption and Usage of USDT TRC20
Since its launch, El Dorado P2P has powered over 2,500,000 USDT peer to peer transactions across Latin America, serving a community of over 270,000 people.
By connecting Tron’s Blockchain to more than 70 of Latin America's most-used payment rails, El Dorado is at the forefront of accelerating the adoption and usage of stablecoins in the region. This integration simplifies the process for users to convert their local currency to USDT, enabling them to conduct everyday transactions with ease.
"Our platform is designed to provide a seamless and user-friendly experience for USDT TRC20 peer to peer transactions in Argentina, Brazil, Colombia, Panama, Peru, and Venezuela," said Guillermo Goncalvez. "Thanks to Tron’s Blockchain issuance of USDT, our users can enjoy the stability of the US dollar while leveraging the convenience and speed that stablecoins like Tether on Tron can offer."
Looking Ahead for Tron DAO and El Dorado P2P
Alessandro Cecere, CMO and co-founder of El Dorado, highlighted the impact of this collaboration: "At El Dorado, we’re working to ensure that Latin Americans, regardless of their financial background, can tap into the transformative potential of stablecoins like USDT. By piloting one of the first GASLESS USDT TRC20 transactions, we are making digital dollars more accessible across Latin America, empowering people to participate in a more inclusive and resilient financial ecosystem."
El Dorado P2P and Tron DAO are committed to expanding their reach and enhancing their services to better support users across Latin America. By continuing to promote the adoption of stablecoins like USDT, they are paving the way for a more inclusive and resilient financial ecosystem in the region.
About El Dorado P2P
El Dorado is a pioneering SuperApp for stablecoins in Latin America, enabling users to buy, sell, and use stablecoins like USDT. With a focus on financial inclusion and accessibility, El Dorado is transforming the way Latin Americans transact and manage their finances.
About Tron DAO
Tron DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Tron hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The Tron network completed full decentralization in December 2021 and is now a community-governed DAO.
For more information about the partnership and upcoming initiatives, please visit El Dorado and Tron.
