Originally published on: December 03, 2024
Singapore-based Dtcpay, a leading crypto payment firm, has revealed its plans to transition to a stablecoin-only payment model, phasing out support for traditional cryptocurrencies like Bitcoin and Ether. The platform made the announcement on Dec. 3, outlining its strategy to exclusively support stablecoins such as USDt, USDC, FDUSD, and WUSD for all its digital payment token services by the end of 2024.
With a projected full transition to stablecoin payments by January 2025, Dtcpay aims to provide its customers with a more reliable, scalable, and secure payment experience. This move not only aligns with the reported user preferences but also reflects the company’s commitment to offering cutting-edge payment solutions.
Supported by major partners like Pontiac Land and backed by licenses from Singapore’s central bank, Dtcpay has quickly emerged as a key player in the cryptocurrency payment space. Co-founded in 2019, the company has gained recognition for its innovative approach to digital payments and has secured significant market share with its robust platform.
As the crypto landscape continues to evolve, Dtcpay’s decision to embrace stablecoin payments underscores a growing trend towards stable and secure digital transactions. Stay tuned for more updates as Dtcpay paves the way for the future of crypto payments.
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