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Home ยป Tether a leading stablecoin provider partners with the US government to facilitate social security payments using USDT in a specific country
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Tether a leading stablecoin provider partners with the US government to facilitate social security payments using USDT in a specific country

By adminJul. 1, 2024No Comments1 Min Read
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Tether a leading stablecoin provider partners with the US government to facilitate social security payments using USDT in a specific country
Tether a leading stablecoin provider partners with the US government to facilitate social security payments using USDT in a specific country
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Certainly! Here’s a creatively re-expressed version of the article:

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**Tether Partners with Uquid to Introduce USDT Payments for Social Security in the Philippines**

In a significant move towards embracing cryptocurrencies, Tether has joined forces with Uquid, a decentralized business infrastructure platform, to facilitate social security payments using Tether’s USDT on the TON blockchain for Filipino citizens.

The Philippine Social Security System (SSS), a government-managed social insurance program encompassing formal, informal, and private sector employees, plays a vital role in providing financial assistance during challenging times. This partnership aims to streamline payment processes by harnessing the stability and efficiency of USDT.

Uquid emphasized that this collaboration highlights the potential of stablecoins and cryptocurrencies in enhancing everyday financial transactions. Integrating Tether into the SSS payment system marks a significant milestone in the utilization of digital assets for government services, potentially paving the way for broader cryptocurrency adoption in public sectors.

*Disclaimer: This article does not offer investment advice.*

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