CandleFocus Crypto payment platform Dtcpay to drop BTC and ETH, shift to stablecoins
2024-12-03
Author: Content Editor
Singapore-based cryptocurrency payment platform Dtcpay has announced that it will stop supporting Bitcoin (BTC) and Ethereum (ETH) by the end of 2024. The company will focus exclusively on fiat and stablecoin transactions starting in January 2025, in order to provide a more secure and regulatory-compliant payment solution. Dtcpay will support stablecoins such as USDT, USDC, FDUSD, and WUSD, as well as fiat currencies, to cater to the growing demand for stable assets. The decision to drop BTC and ETH is due to their inherent volatility, which makes them less suitable for everyday transactions. The shift to stablecoins aligns with industry trends and reflects the increasing popularity of these digital assets in the global financial system. Dtcpay aims to provide a stable and predictable experience for businesses and consumers seeking a trustworthy digital payment system.
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