Singapore's Metro Department Store Chain Enables Stablecoin Payments with Tether's USDt

Metro, a department store chain based in Singapore that is publicly listed, has reportedly allowed its customers to make payments using stablecoins such as Tether's USDt. The partnership with Singapore-licensed crypto payment platform Dtcpay was announced on Feb. 26, enabling stablecoin payments in-store and online. According to Dtcpay's commercial director Andy Sze Toh, this move allows Metro customers to make secure payments without worrying about price fluctuations associated with more volatile digital assets. Customers at Metro Store can now use stablecoins like Tether's USDT, Circle's USDC, FD121's FDUSD, and WUSD from the Worldwide Stablecoin Payment Network for checkout. The integration of stablecoin payments marks a transformative moment for Metro, a brand that has been operating in key market regions of China and Indonesia since its founding in 1957.