USDT issuer Tether has introduced a new option for Philippine citizens to pay social security contributions using cryptocurrency. Now, they can make these payments with USDT on the Tether blockchain through the UQUID card. Pay Social Security System contributions with USD₮ on @ton_blockchain via @uquidcard in the Philippines pic.twitter.com/8WJyNVH0ux – Tether (@Tether_to) July 1, 2024. UQUID, known as the “Web3 e-commerce platform,” simplifies the process to just seven steps. Recently, Tether and UQUID launched the 1 USDT store—an online shop aimed at increasing the daily use of cryptocurrencies. Tether CEO Paolo Ardoino expressed excitement about the partnership, emphasizing the transformation in how cryptocurrencies are used for shopping. Read more:
According to one indicator, the price of this cryptocurrency will rise significantly. He noted that what was once only a dream—reliable and unrestricted cross-border payment solutions—is now a reality. The 1 USDT store allows users and merchants to engage in convenient, transparent digital transactions. UQUID CEO Tran Hung highlighted the significance of the 1 USDT store, seeing it as a crucial step in making crypto micropayments a practical part of everyday life.
Philippine Citizens to Embrace Crypto for Insurance Payments
