uquid

ChainCatcher news, according to official sources, Tether and Uquid have jointly launched a 1 USDT store, which has achieved a trading volume of 47,433 transactions in just 10 days since its launch. It is reported that the store offers a wide variety of products, ranging from digital goods to everyday necessities, all priced at 1 USDT.

ChainCatcher news, according to Cointelegraph, the world's largest stablecoin issuer Tether has partnered with Web3 shopping and infrastructure company Uquid to launch a new crypto payment option that enables Filipino citizens to pay for Social Security System (SSS) fees using Tether USDT through the TON blockchain. Uquid stated that this collaboration demonstrates how stablecoins like USDT and cryptocurrencies can simplify and enhance the convenience of daily life.Uquid CEO Tran Hung stated that the partnership with Tether marks an important step in their journey to integrate digital currencies with everyday transactions, making small crypto payments feasible. This latest initiative supported by Tether sets a new benchmark for the convenience and accessibility of digital shopping.In recent years, the demand for stablecoins has been on the rise, becoming a major liquidity provider in both centralized and decentralized markets, and gradually being applied to everyday payments. Mainstream payment platforms, including PayPal and Ripple, have also launched or are planning to launch their own stablecoins to meet the growing demand.

ChainCatcher news, Tether announced a partnership with the Web3 e-commerce platform Uquid to launch the 1 USDT store, which can be accessed via the website 1USDt.store or on Telegram at @shop1USDt_bot. It offers a diverse range of products, from digital products like mobile top-ups and gift cards to physical goods, tailored for different markets, all priced below 1 USDT.