By January 2025, Dtcpay will drop support for Bitcoin and Ether to focus on stablecoin payments exclusively.
Singapore-licensed cryptocurrency payment platform Dtcpay has announced plans to phase out support for cryptocurrencies like Bitcoin in favor of stablecoin-only transactions.
Dtcpay took to X on Dec. 3 to officially announce that its platform will phase out support for Bitcoin (BTC) and Ether (ETH) payments by the end of 2024.
Instead, Dtcpay will transition to only support stablecoins like Tether’s USDt (USDT) and Circle’s USD Coin (USDC) for all its digital payment token (DPT) services, it said.
