Partnership Between Tether and Uquid Enables Social Security Payouts in the Philippines

Tether, the leading stablecoin issuer, has partnered with Uquid, a Web3 e-commerce platform, to facilitate Social Security System (SSS) contributions in the Philippines using USDT issued on The Open Network (TON). 

Uquid has launched a comprehensive guide for Filipino residents on utilizing USDT-TON for SSS payments through its platform. Paolo Ardoino, CEO of Tether, expressed enthusiasm about enhancing the crypto shopping experience and enabling seamless cross-border payment solutions. He emphasized Tether’s role in advancing these capabilities and supporting global financial innovation.

Clever Robot News Desk 3rd July 2024

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