Aug 9, 2023

With this implementation, Bitwage seeks to contribute to the development of professionals in Latin America and the world. 2 minute read Bitwage announced the official launch of the TRON network in the first week of August. This development enables users in Argentina and across the globe to have more networks available for receiving their digital dollar salaries, providing the necessary liquidity and compatibility for economically moving in the market when exporting digital services. With this new implementation, users and businesses can access their digital dollars like USDT without incurring GAS fees for sending, translating to a total cost of 3% for USDT, the currency that the new network will initially be available in, according to a press release. Jonathan Chester, CEO and Co-founder of Bitwage explained that they have been closely listening to users in Argentina who have been strongly requesting the ability to receive USDT on the TRON network. He added that TRON is the smoothest network for handling USDT, making it much easier for users to quickly and easily obtain their hard-earned money. Adopting TRON, Bitwage facilitates the collection of payroll fees on a network characterized by its low shipping fees. Additionally, the liquidity in digital dollars like USDT through the TRON network is one of the most attractive factors not only for Bitwage’s users and businesses but also for the company itself, as Jonathan Chester, the current CEO, and co-founder, pointed out. The coronavirus pandemic (COVID-19) in early 2020 forced the closure of many nations globally. Consequently, teleworking became an essential measure to limit the number of infections. Data from Statista in 2019 shows that remote work was already a significant trend in some Latin American countries, with Colombia leading with 45% of workers surveyed. Percentage of people who can work remotely in selected Latin American countries in 2019. (Source: Statista) In this sense, the previous graph verifies a trend in how people now relate to remote work and self-employment. For the site, Ámbito, the Ministry of Economy estimates that nearly 500,000 Argentines will be freelancers working abroad by 2023. This is due, among other things, to the economic recession the southern cone country is going through. According to Gitnux, approximately 1.57 billion people of the global working population work as freelancers, and freelance platforms have an estimated value of USD $3.39 billion. How much do freelancers earn in the world? (Estimated rate in Euros). (Source: WebsitePlanet) With this new implementation, the report concludes that Bitwage’s commitment to offering the best payroll services for professionals working online and exporting services is intensifying.