AEON, a next-generation crypto framework, has announced its integration with the TRON network, facilitating in-store transactions with TRX, USDT, and USDD. This partnership aims to transform the retail payment sector by offering fast, cost-effective digital payment solutions across thousands of physical stores. The integration allows AEON Pay users to employ TRON-based digital assets for purchases, thereby increasing the practical use of these cryptocurrencies in daily retail activities.
The TRON network's high efficiency and low transaction costs make it a perfect match for AEON's objective to simplify and broaden access to crypto spending. This collaboration extends the benefits of crypto payments to around 10,000 brands and 20 million merchants in Southeast Asia, supported by over $77 billion in stablecoins circulating on the TRON network. Plans to expand into Africa and Latin America are in progress, aiming to extend these benefits globally.
Eddie Li, AEON's CEO, emphasized the complementary nature of AEON's payment solutions and TRON's worldwide community, which values blockchain for its dependability and cost-effectiveness. Sam Elfarra, representing the TRON DAO, added that this partnership supports TRON's ambition to serve as a global settlement layer, connecting cryptocurrency with conventional finance.
Transactions are straightforward: users open the AEON Pay app, scan a merchant's QR code, and pay with their TRON-based digital assets. This simplicity, along with increasing crypto acceptance in retail, highlights the integration's potential to encourage widespread cryptocurrency use. AEON and TRON are leading the charge towards integrating digital assets into everyday financial transactions, advancing the Web3 economy's vision of global connectivity.
