Singapore's dtcpay, a licensed payment platform, has announced a significant change effective 2025. The company will no longer accept Bitcoin and Ethereum as payment methods, focusing instead on stablecoins and fiat currencies for increased stability. This decision aims to provide a more secure payment environment in compliance with regulations. dtcpay plans to pivot towards stablecoins like USDT, USDC, WUSD, and FDUSD starting January 2025, aligning with the growing trend of digital payments. By embracing stablecoins, dtcpay aims to tap into the expanding market, as evidenced by a Chainalysis report showing significant payments made using these asset-backed tokens. This strategic shift underscores the importance of reliable digital payment methods, enhancing consumer trust and confidence in dtcpay's innovative services. Recognized for its progressive growth and industry accolades, dtcpay continues to lead in digital payment solutions, recently joining the Mastercard Starter Path programme and introducing a regulated POS system for crypto payments in Singapore. Read more AI-generated news on: https://app.chaingpt.org/news

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