HomeCrypto NewsStablecoin NewsOver 2,000 Merchants in Argentina Now Accept USDT on TRON

Over 2,000 Merchants in Argentina Now Accept USDT on TRON

Date:

  • Over 2,000 Argentine merchants now accept USDT via the TRON network.
  • TRON and Kripton partnership drives faster, cheaper cryptocurrency payments in Argentina.
  • The microloan initiative promotes economic growth and financial inclusion for workers.

Over 2,000 Argentine local merchants adopted USDT (Tether USD) on Tron (TRON), following a partnership between TRON DAO and Kripton. It is a milestone for advancing digital payments and financial inclusion in Argentina, making its consumers and businesses reach faster, more efficient, and cheaper payment solutions.

The Genesis of the Partnership

A pivotal yet straightforward moment started the partnership. This was when a customer requested to send USDT. This initial spark birthed USDT payments via TRON as a trustworthy and decentralised means of payment for everyday transactions.

According to the firm’s report, local businesses and their customers can leverage various advantages of USDT payments integration through the TRON blockchain. Lower transaction fees help businesses keep more of their earnings, which means cheaper goods and services for consumers. Also, the rate of transactions guarantees that payments are dealt with speedily, which is a huge aspect in facilitating customer satisfaction.

With this partnership, TRON will subsidise fees for all USDT payments made through Kripton, helping both merchants and consumers reduce their costs.

Aiming for Greater Financial Inclusion

However, according to the collaboration between Kripton, TRON, and Tether, it also aims to bring financial services to a larger portion of Argentina’s population than crypto payments. Plans to provide interest-free microloans to workers of the country’s central markets will be part of the strategic alliance. The microloans, expected to facilitate transaction volume to the extent that cryptocurrency permeates the local economy even more, will be used to help workers buy needed tools such as carts and work apparel.

“Given TRON is the network with the most USDT transactions history and strong works in the community for a longer time, we are sure that this integration will bring advantage to our users at the same time help TRON crypto ecosystem develop in Argentina.” 

Juan Pablo Moreno, CEO of Kripton

The microloan project is expected to occur through 110,000 transactions on TRON’s fast and efficient blockchain network and see $2 million in volume within 18 months.

A Strong Network Backed by TRON’s Ecosystem Growth

At the time, TRON’s blockchain activity and ecosystem expansion have been growing rapidly. The TRON network remains in strong performance with record revenues and increasing USDT transaction volume, as per Messari’s State of TRON Q1 2025 report. The basis of TRON is the Delegated Proof-of-Stake (DPoS) consensus mechanism, which allows a secure and fast, scalable network capable of matching the throughput necessary to accommodate high volume payments, and this has put it in good standing for businesses like Kripton to adopt digital currency for the purpose of everyday payments.

For the first quarter of 2025, TRON achieved $760.2 million, a 2.7 percent increase from the previous quarter. The network also saw an all-time high use of stablecoins, as $65.7 billion was on the platform in the form of USDT, a 13.9% uptick from the last quarter. USDT transfer volume per day in the US also spiked up to $19 billion, signifying the massive interest and trust held in the TRON blockchain by the stablecoin community.

Continuing the tradition of success in the stablecoin market, TRON matches its mission of making the world’s blockchain and DeFi applications more accessible and usable worldwide. Integrating TRON’s (TRX) platform with USDT stablecoin provides a convenient and reliable platform for businesses and people in Argentina to carry out transactions independently of the economic instability that often affects the traditional financial system.

Apart from cryptocurrency payments, this collaboration intends to bolster broader financial inclusion for the Argentine population, which is severely underserved via traditional banking and financial services platforms. Kripton works with its partners to use blockchain technology to bring people financial tools like micro-loans and digital wallets, who may have been excluded from the formal financial sector.

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According to Sam Elfarra, Community Spokesperson for the TRON DAO, this initiative is important to help massively adopt blockchain technologies in Argentina and the region.

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Odero Kester
Odero Kester
Kester is a crypto reporter experienced with over three years in news reporter, technical analysis and press releases. Kester has deep love for web 3 and the metaverse.

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