El Dorado, the Stablecoin Payment SuperApp for Latin America, is pleased 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 the Tron Blockchain across the region, by implementing one of the world's first GASLESS transactions for stablecoins.
Boosting Financial Inclusion with Tron, USDT TRC20 and El Dorado P2P
By integrating the USDT issued on Tron into our Stablecoin Payments SuperApp, Latin Americans can access peer-to-peer payments without borders, allowing them to send money between countries in digital dollars, while protecting their assets from the volatility of local currencies.
USDT withdrawals by Tron Without Fees
From October 7th to October 30th, A LIMITED NUMBER OF WITHDRAWALS external wallets will be free of charge. Thanks to our collaboration with Tron, we were able to extend free withdrawals to our community of users, for a limited period of time.
At El Dorado, we are constantly evaluating ways to add value to our community, and this collaboration demonstrates that commitment.
Accelerating the Adoption and Use of USDT TRC20
Since its launch, El Dorado P2P has facilitated more than 2,500,000 peer-to-peer transactions with USDT across Latin America, serving a community of more than 270,000 people.
By connecting the Tron Blockchain with more than 70 of the most used payment rails in Latin America, El Dorado is at the forefront of accelerating the adoption and use of stablecoins in the region. This integration simplifies the process for users to convert their local currency into USDT, allowing them to carry out everyday transactions with ease.
“Our platform is designed to provide a smooth and user-friendly experience for peer-to-peer transactions with USDT TRC20 in Argentina, Brazil, Colombia, Panama, Peru and Venezuela,” said Guillermo Goncalvez. “Thanks to the issuance of USDT on the Tron Blockchain, our users can enjoy the stability of the U.S. dollar while taking advantage of the convenience and speed that stablecoins like Tether on Tron can offer.”
Looking to the Future for Tron DAO and El Dorado P2P
Alessandro Cecere, CMO and co-founder of El Dorado, highlighted the impact of this alliance: “At El Dorado, we work to ensure that Latin Americans, regardless of their financial situation, can take advantage of the potential of stablecoins such as USDT. By implementing the world's first GASLESS transactions with USDT TRC20, we're 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 improving their services to provide better support to users across Latin America. By continuing to promote the adoption of stablecoins such as 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, allowing users to buy, sell and use stablecoins such as 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 Internet decentralization through blockchain technology and dApps. Tron houses the largest circulating supply of the USD Tether (USDT) stablecoin globally, surpassing USDT on Ethereum since April 2021. The Tron network completed its full decentralization in December 2021 and is now a community-governed DAO.
