Philippines adopts Tether’s USDT to pay social security benefits
Tether has launched a new cryptocurrency payment option for the Filipino people, allowing them to use USDT to pay for the Social Security System (SSS) funds. In the Philippines, the Social Security System (SSS) is a government-run social insurance program that provides services to employees in the official, informal, and private sectors. Tether has partnered with Web3 shopping and infrastructure company Uquid to allow Filipino citizens to use USDT to pay for social security funds on the TON blockchain.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin, ether weaken ahead of Powell’s speech, non-farm payroll data this week
Bitcoin fell 2.07% to $64,392, while ether dipped 1.69% to $2,624, both losing momentum after last week’s bull run.Investors are now looking to the upcoming Monday speech from Fed Chair Jerome Powell and the non-farm payroll data set to be released on Friday, both of which have the potential to move the market.
Vitalik Buterin proposes metrics to ensure Ethereum project unity
BlackRock’s Ethereum ETF hits $1B in just two months
$3.42B in tokens set to be unlocked in October 2024
Trending news
MoreCrypto prices
More
