The Metro store chain in Singapore partners with Dtcpay to enable stablecoin payments like USDT, ensuring secure and stable transactions.
Stablecoins in Metro Stores
Metro department store has announced a partnership with Dtcpay to introduce stablecoin payments. Customers can now shop using USDT, avoiding the volatility associated with many cryptocurrencies.
Cryptos Expanding Horizons
Many companies such as Adidas, airbaltic, and Uber Eats accept cryptocurrency payments. Notably, Burger King in Venezuela has started accepting Bitcoin. Companies across various sectors, from fashion to food, are gradually adopting digital currency.
Current State of the Crypto Market
The crypto market continues to experience pressure, with its capitalization falling to $2.91 trillion. Trading volumes have also decreased by 30.17%, and Bitcoin dropped below $90k for the first time in weeks. Experts attribute this to the growing bear influence on the crypto market.
With large store chains like Metro accepting cryptocurrency, digital currencies continue to gain global traction. However, monitoring the crypto market's dynamics is crucial to foresee possible price fluctuations.
