Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Cryptocurrency»Aeon Integrates With Tron to Streamline Crypto Payments
    Cryptocurrency

    Aeon Integrates With Tron to Streamline Crypto Payments

    October 14, 20242 Mins Read


    Payments protocol Aeon will integrate the Tron network as its underlying cryptocurrency payment infrastructure.

    The partnership “opens new opportunities for seamless crypto payment across the TRON ecosystem,” Aeon said in a news release Monday (Oct. 14).

    The integration will let decentralized applications (dApps) on Tron accept crypto payments through Aeon, simplifying the implementation of a range of payment methods such as subscriptions and tipping.

    “This streamlined process will reduce barriers to adoption, providing faster and more efficient payment experiences within the Tron ecosystem,” the release said.

    Tron, “known for its scalable and efficient blockchain network, complements this integration by providing a robust platform for dApps,” the release said, citing its “fast transaction speeds and low fees.”

    Looking at the crypto payments landscape last month, PYMNTS noted that in spite of the digital currency’s increasing financial influence and its investors’ affluence, there’s a lingering question: Will crypto be able to deliver on its promise as a viable payment mechanism, particularly as other digital payment innovations are evolving to meet the demands of commerce?

    “Despite the explosive growth in crypto wealth, the adoption of cryptocurrencies as a mainstream payment mechanism remains limited,” that report said.

    “While bitcoin and other digital assets have made strides in being accepted by a growing number of merchants, significant hurdles remain in proving their utility and scalability — not the least of which is the same volatility that has created the rising cohort of over 170,000 crypto millionaires.”

    In other related news, PYMNTS examined the use of blockchain and stablecoins in cross-border payments last month in an interview with Sheraz Shere, general manager of payments and commerce at Solana Foundation.

    “Blockchain solutions and stablecoins, I don’t like to use the term crypto because this is more about FinTech, they’ve found product-market-fit in cross-border payments,” Shere said.

    He added that one of the most notable benefits of blockchain technology is disintermediation — doing away with the need for the multiple passes through correspondent banks, which often slow down and increase the cost of transactions.

    By contrast, blockchain-based transactions offer speed, transparency, and reduced cost, with blockchain platforms such as Solana charging a fraction of a penny for each transaction.

    Stablecoins, in particular those backed by trusted issuers such as Circle and PayPal, simplify cross-border payments  even further by pegging their value to fiat currencies like the U.S. dollar, Shere said.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Russia Developing Cross-Border Digital Payment with BRICS

    Cryptocurrency

    Regal Investments Commits $30 Million to Cryptocurrency Prop Trading Initiative

    Cryptocurrency

    Banks must build trust to thrive in digital age 

    Cryptocurrency

    Could This Surprising Cryptocurrency Become the Next XRP?

    Cryptocurrency

    Hackers say they wiped out $90M from Iran cryptocurrency exchange

    Cryptocurrency

    Forging a Path for Digital Finance

    Cryptocurrency
    Leave A Reply Cancel Reply

    Top Picks
    Stock Market

    Live Thursday at 8 a.m.: Midwest Technology Summit​ – InForum

    Cryptocurrency

    Insights for Investors & Leaders

    Investments

    Basket – NBA en Europe : “Nous avons exprimé un intérêt”, pourquoi QSI, actionnaire majoritaire du PSG, se dit intéressé par le projet

    Editors Picks

    Not Gold, This Shiny Metal Steals The Spotlight; Experts Say Industrial Demand Is Booming | Business News

    June 20, 2025

    WinnerMining launches artificial intelligence mining platform to help global cryptocurrency investors achieve stable passive income

    April 30, 2025

    10 Best Investments for 2025

    March 14, 2025

    US Stock Futures Trim Weekly Drop; Treasuries Gain: Markets Wrap

    October 25, 2024
    What's Hot

    Le Lion d’Angers (L) : le sacre pour Gold Allen

    May 29, 2025

    Solana (SOL) Might Be Go-to Cryptocurrency Right Now

    July 20, 2024

    Terra Metals Unveils Major Sulphide Discovery

    July 22, 2024
    Our Picks

    How Legal U.S. Sportsbooks Handle Cryptocurrency and Its Security

    May 26, 2025

    Deeper decline ahead for global indices amid cryptocurrency turbulence

    August 5, 2024

    Koryx Copper Inc. fait le point sur ses projets en Zambie

    April 8, 2025
    Weekly Top

    L’intégrale de C’est Votre Argent du vendredi 20 juin

    June 20, 2025

    Couchbase rachetée par Haveli Investments pour 1,5 milliard de dollars : le titre s’envole

    June 20, 2025

    Primaris Real Estate Investment Trust : National Bank conserve son opinion neutre

    June 20, 2025
    Editor's Pick

    MoneyGram Announces Its Latest: MoneyGram Wallet | CoinDesk Live at Stellar Meridian 2024 Video

    October 15, 2024

    Bénéfice en hausse au premier trimestre pour Barwa Real Estate

    April 29, 2025

    Solana Prices Surge Over 35% In Under 48 Hours As Markets Recover

    August 7, 2024
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.