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Home » Unlimit and Tron Partner to Boost Mainstream Web3 Adoption

Unlimit and Tron Partner to Boost Mainstream Web3 Adoption

Reducing Gas Fees to Enable Seamless Access to DeFi and GameFi

Kelly Cromley by Kelly Cromley
Dec 11, 2024
in Market News, News
Reading Time: 3 mins read
0
unlimit partners tron blockchain

Global financial services provider Unlimit has announced a strategic collaboration with the Tron blockchain network to improve mainstream access to crypto platforms. The partnership aims to leverage Tron’s low gas fees to enhance the user experience for decentralized finance (DeFi), gaming finance (GameFi), and non-fungible token (NFT) platforms, particularly in emerging markets. This move is expected to address common barriers such as high transaction costs, enabling smoother and more affordable operations across blockchain services.

Tron’s blockchain has gained significant traction, particularly for hosting the largest circulating supply of USDT stablecoins, which contributes to 90% of the network’s energy consumption. By integrating with Tron’s infrastructure, Unlimit aims to simplify access to Web3 services, offering users a cost-effective solution for blockchain transactions. The partnership highlights the importance of low gas fees, especially in areas like blockchain gaming, where high transaction costs could severely limit user engagement.

Enabling Affordable Transactions Through Energy as a Resource

The collaboration focuses on Tron’s “Energy as a Resource” service, a mechanism designed to reduce gas fees for smart contract execution. Users can acquire “energy” by staking Tron’s native TRX tokens, allowing them to interact with smart contracts while incurring minimal costs. Through this integration, Unlimit users, including individuals and businesses, will benefit from on-chain fees that are close to zero. This innovative model positions Tron as one of the most economical blockchain solutions for mainstream adoption.

Unlimit’s platform will allow emerging market populations to access decentralized applications (DApps) without the financial burden typically associated with blockchain transactions. The move comes as Tron continues to strengthen its role as a key blockchain infrastructure, particularly in regions like Latin America, Africa, Central Asia, and Southeast Asia, where economic challenges such as inflation have increased reliance on stablecoins.

Global fintech company, #Unlimit collaborates with #TRON DAO aimed at enhancing its #payment solution and facilitating easier access to #DeFi, #GameFi, and #NFT platforms in emerging markets.#TRX pic.twitter.com/zEK6MfmMRG

— TONiSwiss TR🅾️N (@TONiSwissTRON) December 11, 2024


Expanding Horizons: A Future-Focused Partnership

Unlimit’s leadership emphasized the long-term vision behind the collaboration, noting that the initial phase focuses on reaching as many users as possible in rapidly growing regions. The company has set short-term goals to facilitate greater adoption of Web3 platforms, particularly in areas where demand for decentralized services is high. Looking ahead, Unlimit aims to deepen its partnership with Tron by becoming a leading provider of on-and-off ramp services for Tron-based tokens. This expansion aligns with Unlimit’s mission to promote a borderless world for omnichannel payments and support broader crypto adoption.

Representatives from Tron DAO view this partnership as a significant opportunity to increase network activity and showcase the blockchain’s unique features to a broader audience. By integrating with Unlimit’s platform, users and businesses can leverage Tron’s resource model to access cost-effective blockchain solutions, further driving engagement within the ecosystem.

Tron’s Growing Role in Stablecoin Transactions

Tron’s blockchain continues to play a pivotal role in stablecoin transactions, a major use case that underscores its value within the crypto industry. With USDT representing the largest stablecoin globally, Tron’s network has become the preferred infrastructure for its deployment. As of November 2024, Tron recorded over 270 million active addresses, more than 8 billion transactions, and a total value locked (TVL) exceeding $16 billion. These figures highlight Tron’s scalability and reliability as a blockchain network.

In the coming months, Unlimit plans to explore opportunities for enabling seamless stablecoin transactions across emerging markets. The partnership between Unlimit and Tron is expected to deliver measurable benefits by reducing gas fees, enhancing accessibility, and driving adoption of blockchain technologies worldwide.

Ultimately, the collaboration represents a step forward in addressing real-world challenges associated with blockchain transactions. By combining Tron’s low-cost infrastructure with Unlimit’s extensive fintech expertise, the partnership aims to unlock new opportunities for businesses and individuals, setting the stage for wider integration of decentralized solutions in emerging economies.

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