TechFlow News, December 3 — According to Fintech News, digital payment service provider dtcpay announced a strategic shift on December 3, stating it will focus exclusively on stablecoin payment services starting January 2025. The company plans to gradually discontinue support for Bitcoin (BTC) and Ethereum (ETH) by the end of this year, while continuing to support stablecoins and fiat currency services.
Building upon its existing support for USDT and USDC, dtcpay intends to expand its offerings to include other stablecoins such as First Digital USD (FDUSD) and Worldwide USD (WUSD). As the first Singapore-based payment institution authorized to accept cryptocurrencies, dtcpay has joined the Luxembourg House of Financial Technology (LHoFT) and is collaborating with Singapore’s NETS SGQR+ to advance seamless payments between stablecoins and fiat currencies.
