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Filipino citizens will be able to pay for their insurance with crypto

Filipino citizens will be able to pay for their insurance with crypto

Cryptodnes2024/07/02 23:46
By:Cryptodnes

Tether, the issuer of USDT, has introduced a new option for Filipino citizens to pay their social security contributions with cryptocurrency.

Now they can make these payments with USDT on the Tether blockchain via a UQUID card.

UQUID, known as an “e-Web3 trading platform”, simplifies the process to just seven steps . Recently Tether and UQUID started the 1 USDT store - an online store whose goal is to increase the daily use of cryptocurrencies.

Tether CEO Paolo Ardoino expressed his excitement about the partnership, highlighting the transformation in the way cryptocurrency is traded.

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He noted that what was once just a dream – reliable and limitless 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 emphasized the importance of the 1 USDT store, seeing it as a crucial step in making crypto micropayments a practical part of everyday life.

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