Tether’s USDT Now Accepted for Social Security Payments in the Philippines
Tether has introduced a new payment option for the Philippines people, allowing them to pay their social security system (SSS) contributions using its stablecoin, USDT.
The SSS is a state-run social insurance program that provides support to employees in both the formal and informal sectors.
As a mandated program, the SSS aims to offer financial assistance during challenging times and currently administers two key programs, including the social security program and the employees’ compensation program.
Tether has partnered with Uquid, a prominent Web3 shopping and infrastructure firm, to facilitate USDT payments for SSS contributions on the TON blockchain.
Pay Social Security System contributions with USD₮ on @ton_blockchain via @uquidcard in Philippines
Read more on cryptonews.com
