In a new development, Tether, the issuer of USDT, has made it possible for citizens of the Philippines to use cryptocurrency for their social security system contributions. Through a collaboration with UQUID, Filipino residents can now process their social security payments using USDT on the TON blockchain platform with the help of a UQUID card. Described as a “Web 3 e-commerce platform,” UQUID simplifies the payment process into just seven easy steps.

Tether and UQUID recently unveiled the 1 USDT store, an online marketplace specifically tailored for cryptocurrency transactions, with the aim of expanding the utility of crypto among the general population. Paolo Ardoino, the CEO of Tether, expressed enthusiasm about the partnership with Uquid, highlighting the significant advancement in enabling seamless cross-border payment solutions free from limitations. He emphasized the achievement of turning this vision into reality, positioning the collaboration as a driving force behind the transformation of digital transactions into a more efficient, transparent, and rewarding experience for both users and merchants.

Tran Hung, the CEO of UQUID, echoed these sentiments and underscored the launch of the 1 USDT store as a key milestone in their mission to integrate digital currencies into everyday transactions, particularly in facilitating crypto micropayments.

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