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
BlackRock clients see Bitcoin as hedge amid rising US debt concerns
Former US President Donald Trump Made a Payment Using Bitcoin
The 45th President of the United States, Donald Trump, paid the bill using Bitcoin (BTC) at a venue he visited today. Here are the details.
Cencora Pays Record $75M Ransom in Major Cyberattack
In its July quarterly report, Cencora reported $31.4 million in expenses mainly due to the cybersecurity breach.
SEC settles with Rari Capital over DeFi pools, unregistered broker activity