Connect with us

Hi, what are you looking for?

Singapore
Singapore
#image_title

Cryptocurrency

Metro Singapore adds stablecoins for online and in-store purchases

By allowing stablecoin transactions, Metro, a reputable chain of department stores in Singapore, has entered the digital payment scene with a major stride. Customers may now utilize stablecoins including USDT, USDC, FDUSD, and WUSD for purchases at specific Metro sites and online by means of a relationship with crypto payment provider Dtcpay. This action reflects Metro’s dedication to creativity and rising acceptance of digital assets in regular business.

Singapore’s leading department store chain Metro has announced that it will accept stablecoin payments for both online and in-store transactions. A collaboration with Singapore-based crypto payment service Dtcpay facilitates this shift towards digital payment options.

Metro consumers may now make purchases with stablecoins including Tether (USDT), USD Coin (USDC), First Digital USD (FDUSD), and Worldwide USD (WUSD) with this new capability. These digital assets give a consistent substitute for conventional cryptocurrencies, therefore lowering price volatility issues and providing a seamless shopping experience.

Two Metro retail sites—Metro Paragon and Metro Woodlands—currently have stablecoin payments enabled. Erwin Wuysang-Oei, Metro’s Chief Operating Officer, underlined that this project complements the company’s dedication to improving client experiences by means of technology developments. The acceptance of stablecoins marked a significant milestone for Metro, positioning the retailer at the forefront of digital payment innovation.

Adoption of cryptocurrencies has been increasing in Singapore; stablecoins are now a favorite digital payment tool because of their price consistency. Given that Dtcpay has chosen to phase out support for more erratic cryptocurrencies like Bitcoin and Ethereum by the end of 2025, their recent change toward giving stablecoin transactions top priority fits this trend.

Metro’s official website has not yet shown this upgrade in its payment options, even as the news implies that stablecoin payments are offered both online and in physical stores. Still, the action marks a more general turn toward including digital currencies into mainstream retail, opening the path for more developments in digital payment systems.

author avatar
Contributor
We welcome Aspiring writers who are passionate about crypto and involved in it to join the Unbiased and Upright 4C Media Co. with a goal to spread knowledge and be a reliable source of crypto news updates.
Advertisement

You May Also Like

Cryptocurrency

Amid the financial pressure on many companies to examine Bitcoin, it is estimated that a quarter of the S&P companies will have Bitcoin in...

Uncategorized

Industry experts note that stablecoin regulations and banking access should take priority over cryptocurrency tax reforms in the U.S. Clear laws can encourage mainstream...

Cryptocurrency

Binance has added a new feature that lets users trade directly from CEX to DEX without having to bridge assets or move funds by...

Cryptocurrency

Decentralized finance has transformed our trading, borrowing, and lending. These services are now available to users directly, without middlemen. The popularity of DeFi is...

polkadot
Polkadot (DOT) $ 4.04 1.09%
bitcoin
Bitcoin (BTC) $ 82,508.11 2.58%
ethereum
Ethereum (ETH) $ 1,803.63 3.20%
cardano
Cardano (ADA) $ 0.647153 3.55%
xrp
XRP (XRP) $ 2.06 2.02%
stellar
Stellar (XLM) $ 0.258727 3.16%
litecoin
Litecoin (LTC) $ 82.83 2.89%