El Dorado Reaches 1M Users with USDT Payments on Arbitrum in Latin America
El Dorado Reaches 1M Users with USDT Payments on Arbitrum in Latin America
馃捀 1M users ditch inflation
El Dorado, a payment app operating in Latin America, has surpassed 1 million users and processed over 4 million peer-to-peer transfers using USDT stablecoins on Arbitrum.
The platform provides instant, low-cost access to USD through USDT, targeting users in high-inflation markets across the region. The service leverages Arbitrum's Layer 2 infrastructure to enable scalable stablecoin payments.
This milestone demonstrates growing stablecoin adoption in emerging markets where users seek alternatives to volatile local currencies. Payment apps like El Dorado are becoming primary channels for stablecoin usage, particularly in regions experiencing currency instability.
Payment apps are key drivers of stablecoin adoption across high-inflation markets El Dorado is doing this in LATAM via instant, low-cost USD access through USDT on Arbitrum With 1M+ users and 4M+ P2P transfers, @eldoradoio shows why payment apps scale on Arbitrum's platform
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