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
Charles Hoskinson shares new plans to ‘help foster' US crypto policies
Bitcoin ripe for 'major leg down' as BTC price nears $80K — Trader
ADA price pumps 30% amid rumors of Cardano founder-Trump collaboration
Ethereum hits $3.2K, surpassing Bank of America market cap