2024

Security

TRON

<ul> 
 <li><strong>Tether and Uquid partner to enable USDT payments for social security contributions in the Philippines.</strong></li> 
 <li><strong>The integration of USDT on the TON blockchain aims to streamline and secure social security transactions.</strong></li> 
</ul>  
<p>Aiming to modernize the payment mechanism for social security contributions in the Philippines, <a href="https://www.crypto-news-flash.com/binance-boosts-ton-network-with-usdt-integration-amid-market-volatility/">Tether</a> has <a href="https://x.com/Tether_to/status/1807685715217506410">partnered</a> innovatively with Uquid. Using USDT on the TON blockchain, this partnership will provide security and efficiency to the state-run Social Security System (SSS) of the nation.</p> 
<h2 id="strong-streamlining-social-security-payments-with-blockchain-strong"><strong>Streamlining Social Security Payments with Blockchain</strong></h2> 
<p>A major change in the digital financial scene is the inclusion of USDT, a top stablecoin, into the SSS payment system. With <a href="https://www.crypto-news-flash.com/china-takes-down-1-9-billion-underground-banking-ring-tied-to-usdt-transactions/" target="_blank" rel="noopener">USDT</a>, Filipinos will now have the choice to pay their social security contributions, so guaranteeing efficient, safe, and quick transactions.</p> 
<p>This is a significant step toward including blockchain technology in public services and improving the user experience generally.</p> 
<p>Blockchain researcher Collin Brown <a href="https://x.com/CollinBrownXRP/status/1807741844433883530">responded</a> passionately to this advancement, stressing its ability to greatly increase financial accessibility and innovation.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">Exciting news from <a href="https://twitter.com/hashtag/Tether?src=hash&amp;ref_src=twsrc%5Etfw">#Tether</a> and Uquid! Filipinos can now use USDT on the <a href="https://twitter.com/hashtag/TON?src=hash&amp;ref_src=twsrc%5Etfw">#TON</a> blockchain to pay social security funds, thanks to their new partnership. A major step forward in financial accessibility and innovation. <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f310.png" alt="🌐" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4bc.png" alt="💼" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://t.co/TARHesSxZp">https://t.co/TARHesSxZp</a> <a href="https://t.co/G5b1tp7EgA">pic.twitter.com/G5b1tp7EgA</a></p> 
 <p>— Collin Brown (@CollinBrownXRP) <a href="https://twitter.com/CollinBrownXRP/status/1807741844433883530?ref_src=twsrc%5Etfw">July 1, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>On the other hand, a prior CNF report, has highlighted USDT’s growing appeal, particularly in <a href="https://www.crypto-news-flash.com/tron-popularity-in-latam-48-78-of-uquid-users-choose-usdt/">Latin America</a>. Amazingly, 48.78% of Latam users of Uquid choose USDT on the TRON network. This trend captures the growing faith in stablecoins as a dependable form of digital payment.</p> 
<h3 id="strong-the-growing-dominance-of-usdt-strong"><strong>The Growing Dominance of USDT</strong></h3> 
<p>General adoption, particularly on the TRON network, has strengthened USDT’s market dominance. <a href="https://www.crypto-news-flash.com/tethers-usdt-on-tron-network-outpaces-visa-with-53-billion-daily-volume/">Visa</a> and other conventional digital payment systems may find this increase in use problematic. USDT is increasingly seen as a good substitute for worldwide digital transactions as it gains momentum.</p> 
<p>In the sphere of digital payments, Tether and Uquid’s cooperation in the Philippines shows encouraging progress. Using the TON blockchain, this alliance seeks to offer a more safe and effective approach for social security payments.</p>

Tether & Uquid Team Up to Modernize Philippine Social Security Payments

Spis treści

Crypto News Flash

Inne artykuły opublikowane 1 lip 2024

5 Best Cryptos You Should Be Mining Now

Santander Brazil Expands Crypto Trading: Empowering Retail Customers via Toro Platform

MoonBag Presale Against Fetch AI and Tron: Exploring Cryptocurrency Dynamics and Investment Poten...

Breaking: Metaplanet Boosts Bitcoin Strategy With 10:1 Share Consolidation Amid Key Changes

Hackers Cause Significant Losses in Cryptocurrency in June

Experienced Analyst Said "Attention to July in Bitcoin" and Pointed to an Important Data About BT...

Zapisz się na bezpłatny newsletter i otrzymuj codzień aktualności ze świata kryptowalut!