Following the successful integration of Polygon $MATIC on Uquid Shop, we are delighted to announce that USDT and USDC on the Polygon are now available as payment options on Uquid Shop.
As a pioneer in Web3 E-commerce, Uquid has access to over 110 million physical, digital and NFTs products and comprehensive delivery services to more than 160 countries worldwide. Polygon, the full-stack Ethereum scaling solution will enable users to experience Uquid Smart Shopping with faster transactions and almost-zero gas free. Uquid and Polygon are working closely to continue deliver new exciting things to our community.
As the two most widely used stablecoins, more shoppers and merchants are looking at USDT and USDC as a payment method. Thanks to Polygon, Uquid is bringing the seamless way to spend USDC and USDT on our platform.
Regarding this, the Polygon community has shown a lot of interest in Uquid Shop, and many orders paid for using MATIC have been executed on our platform. After listening to the community's suggestion that stablecoins would be a better choice for a means of payment, Uquid officially accepted payment with USDT and USDC running on Polygon, which allows user to minimize transaction fees and reduces the gas for a greener environment. Users now can enjoy more than 110M items directly with Polygon USDT and USDC, no need to bridge their stablecoins from Ethereum network.
Through this support, both Uquid and Polygon see this option as a very good move for Web3 E-commerce and shoppers worldwide, paving the way for ShopFi mass adoption.
About Polygon Lab
Polygon Labs develops Ethereum scaling solutions for Polygon protocols. Polygon Labs engages with other ecosystem developers to help make available scalable, affordable, secure and sustainable blockchain infrastructure for Web3. Polygon Labs has initially developed a growing suite of protocols for developers to gain easy access to major scaling solutions, including layer 2s (zero-knowledge rollups and optimistic rollups), sidechains, hybrid chains, app-specific chains, enterprise chains, and data availability protocols. Scaling solutions that Polygon Labs initially developed have seen widespread adoption with tens of thousands of decentralized apps, unique addresses exceeding 207M, over TK million smart contracts and TK total transactions processed since inception. The network is home for some of the biggest Web3 projects and well-known enterprises. Polygon Labs is carbon neutral with the goal of leading Web3 in becoming carbon negative.
If you're an Ethereum Developer, you're already a Polygon developer! Leverage Polygon’s fast and secure txns for dApps you develop, get started here.
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About Uquid
Launched in 2016, Uquid pioneers in applying DeFi and Web 3.0 to E-commerce that aims to bring the best Shop to Earn experience to customers with verified merchants, exclusive deals, cashbacks and Payin3 with Crypto.
Throughout the years, Uquid still keeps its fantastic performance with continuous growth and the best effort to upgrade their store following the official Roadmap. With the largest selections of over 110 million physical, digital and NFTs products listed and comprehensive shipping services to over 160 countries around the world, Uquid is confident in serving any demand of customers in the Metaverse.
Users shopping at Uquid are offered flexible and convenient payment methods including cryptocurrency, fiat or wallets. Uquid’s ambition is to dominate the crypto marketplace by offering Buy Now Pay Later option to customers. Uquid Payin3 is all about protecting crypto futures value, by delaying the payment in three installments for 90 days, interest-free. With many years of building an infrastructure for Ecommerce in Metaverse, Uquid has found the easiest and safest way for customers to access their money and shop online.
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