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Singapore Mero general merchandise store announced that it accepts USDT, USDC and other stablecoins for payment

According to Lianhe Zaobao, the Metro Departments Store in Singapore has announced that it will accept stablecoin payments, becoming the first general merchandise store in the local area to support this payment method. Customers can use Tether (USDT), US Dollar Stablecoin (USDC) and Global Dollar Stablecoin (WUSD) to pay at brick and mortar stores and online shopping, and will also support the First Digital Dollar Stablecoin (FDUSD) in the future. Merro has partnered with crypto payments company dtcpay to drive retail innovation to cater to tech-savvy consumers. According to Chainalysis, stablecoin payments in Singapore totaled nearly $1 billion in the second quarter of 2024, reflecting growing demand for stable digital payment methods.