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dtcpay to phase out BTC, ETH support amid services shift

  • Singapore-based payment institution dtcpay has announced that it will be shifting its payments services to stablecoins only effective 2025.
  • The platform intends to phase out Bitcoin and Ethereum by the end of the year and will only support stablecoins and fiat currency payment modes going forward.
  • The decision is driven by the stability and regulatory compliance offered by stablecoins, as well as the growing trend of users leaning towards stablecoins for digital payments.
  • dtcpay's strategic move reflects the need for a reliable and secure digital payment method, and the company's track record and innovation in the industry have gained consumer confidence.

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