PANews reported on December 3rd that according to Cointelegraph, Singapore-licensed Cryptocurrency payment platform Dtcpay announced plans to gradually cease support for Cryptocurrencies such as Bitcoin, and instead support transactions limited to stablecoins.
Dtcpay officially announced on X platform on December 3 that its platform will gradually stop supporting BTC and ETH payments by the end of 2024. Dtcpay stated that all its digital payment Token (DPT) services will transition to only support stablecoins such as Tether’s USDT and Circle’s USDC. Dtcpay plans to transition to a stablecoin-only mode by January 2025. In addition, Dtcpay will also support the First Digital reserve-backed stablecoin FDUSD and the global stablecoin payment network (WSPN) stablecoin WUSD.
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encryption payment company Dtcpay is shifting to a payment model that only uses stablecoins
PANews reported on December 3rd that according to Cointelegraph, Singapore-licensed Cryptocurrency payment platform Dtcpay announced plans to gradually cease support for Cryptocurrencies such as Bitcoin, and instead support transactions limited to stablecoins. Dtcpay officially announced on X platform on December 3 that its platform will gradually stop supporting BTC and ETH payments by the end of 2024. Dtcpay stated that all its digital payment Token (DPT) services will transition to only support stablecoins such as Tether’s USDT and Circle’s USDC. Dtcpay plans to transition to a stablecoin-only mode by January 2025. In addition, Dtcpay will also support the First Digital reserve-backed stablecoin FDUSD and the global stablecoin payment network (WSPN) stablecoin WUSD.