8Pay, a leading decentralized payment platform, has announced its support for USDD, TRON’s first decentralized and over-collateralized chain-agnostic stablecoin. This integration brings new opportunities to users and merchants on the 8Pay network, enabling a more seamless, efficient, and flexible payment experience.
📣#USDD is now available on 8pay and you can use it to:
🏷- Paying recurring salaries or expenses
📊- Automatic DCA on dexes
🔖- Pay for goods and services on supported merchants
— 8Pay (@8Pay_network) April 30, 2023
What is USDD?
USDD, a decentralized stablecoin pegged to the US Dollar, offers users a stable and reliable digital asset on the TRON blockchain. The over-collateralization feature ensures the stability of the currency, making it an attractive choice for various financial operations. As a chain-agnostic stablecoin, USDD has the potential to be used across multiple blockchain networks.
— USDD (@usddio) April 30, 2023
New Possibilities with 8Pay and USDD
With the addition of USDD to the 8Pay platform, users can now access an array of services and benefits. Here are some exciting ways you can utilize USDD on 8Pay:
- Paying Recurring Salaries or Expenses: USDD offers a stable means for businesses to manage their payroll and recurring expenses. By leveraging the 8Pay platform, companies can automate payments, saving time and effort.
- Automatic DCA on Dexes: Dollar-Cost Averaging (DCA) is an investment strategy that involves purchasing a fixed amount of an asset at regular intervals, regardless of the market price. With USDD now supported on 8Pay, users can automate DCA on decentralized exchanges (dexes) to minimize the impact of market volatility.
- Pay for Goods and Services on Supported Merchants: 8Pay enables users to pay for goods and services using USDD at various supported merchants, making transactions quick, easy, and secure. This addition opens up new possibilities for businesses and customers alike.
What is 8Pay?
8Pay is a decentralized payment platform designed to facilitate seamless and secure cryptocurrency transactions. It allows users to make single, recurring, and on-demand payments using various cryptocurrencies, including stablecoins. By integrating with popular blockchain networks, 8Pay aims to provide a comprehensive solution for managing digital assets and making crypto payments more accessible to businesses and individuals.
The integration of USDD into the 8Pay ecosystem marks an exciting milestone for the platform, offering new opportunities and use cases for both businesses and individuals. As 8Pay continues to expand its range of supported cryptocurrencies, users can expect an even more seamless experience, further solidifying its position as a leading digital asset management platform.
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