Tether Operations Limited, the leading company in the digital asset industry, has partnered with Uquid, a Web 3 E-commerce platform, to introduce the 1USD₮ store. The goal of this collaboration is to showcase the practical application of USD₮ in everyday transactions and digital commerce, utilizing cutting-edge decentralized finance (De-Fi) technology and blockchain infrastructure to improve the crypto micropayments and crypto shopping experience. This marks a significant step in the advancement of digital commerce, offering a wide range of products that can be purchased exclusively with USD₮ for a quick and convenient shopping experience. The 1 USD₮ Store can be accessed through the website 1USDt.store or the @shop1USDt_bot on Telegram, offering various digital and physical products priced under 1 USD₮.
Uquid, a platform that integrates blockchain technology and decentralized finance to provide a secure and transparent shopping experience, has been at the forefront of Web3 shopping infrastructure since 2016. By enhancing the De-Fi payment system of digital e-commerce, Uquid aims to address issues related to Web 2.0 shopping and offer a seamless and secure shopping solution for users. The collaboration with Tether is a significant step towards revolutionizing the crypto shopping experience, providing users with limitless cross-border payment solutions that are reliable and non-restrictive. With the launch of the 1 USD₮ store, users and merchants can partake in a new era of convenient, transparent, and rewarding digital transactions.
Paolo Ardoino, CEO of Tether, expressed excitement about the partnership with Uquid and the transformation of the crypto shopping experience. He highlighted the shift from wishing for cross-border payment solutions to actually achieving them, emphasizing the role of Tether in driving this progress. The launch of the 1 USD₮ store is set to revolutionize digital transactions, offering users and merchants a more convenient and transparent shopping experience. The collaboration between Tether and Uquid sets a new standard for accessibility and convenience in digital shopping, catering to the evolving needs of consumers in the digital age.
Tran Hung, CEO of UQUID, hailed the launch of the 1 USD₮ Store as a significant milestone in bridging the gap between digital currencies and daily transactions, enabling the application of crypto micropayments. The dual-platform approach allows customers to access services through Telegram or the online portal, expanding the reach and flexibility of Uquid’s offerings. This initiative, supported by Tether, establishes a new benchmark for convenience and accessibility in digital shopping, reflecting Tether’s commitment to promoting financial freedom and accessibility for the unbanked population. By leveraging blockchain technology and decentralized finance, Uquid is revolutionizing the shopping experience and paving the way for a new era of digital commerce.
Overall, the collaboration between Tether and Uquid represents a significant advancement in the digital asset industry, showcasing the practical application of USD₮ in everyday transactions and digital commerce. By leveraging cutting-edge technology and blockchain infrastructure, the 1 USD₮ store offers a diverse range of products priced under 1 USD₮ for a seamless and convenient shopping experience. This partnership sets a new standard for accessibility and convenience in digital shopping, catering to the evolving needs of consumers in the digital age. With a focus on promoting financial freedom and accessibility, Tether and Uquid are driving innovation in the digital asset industry and revolutionizing the crypto shopping experience.