According to TechFlow, on December 3, according to Fintech News, digital payment service provider dtcpay announced a strategic transformation and plans to focus on stablecoin payment services from January 2025. The company will gradually stop supporting Bitcoin (BTC) and Ethereum (ETH) by the end of this year, but will continue to support stablecoin and fiat currency services.
dtcpay plans to gradually expand its support for stablecoins such as First Digital USD (FDUSD) and Worldwide USD (WUSD) based on the existing support of USDT and USDC. As the first payment institution in Singapore approved to accept cryptocurrencies, dtcpay has joined the Luxembourg House of Fintech (LHoFT) and cooperated with Singapore NETS SGQR+ to promote seamless payments between stablecoins and fiat currencies.
