Philippines adopts Tether’s USDT for social security payments

The Social Security System is a state-run social insurance program that serves employees in the official, informal and private sectors.

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The world’s largest stablecoin issuer, Tether, has introduced a new crypto payment option for citizens of the Philippines, allowing them to pay their Social Security System (SSS) contributions in USDT.

In the Philippines, the Social Security System is a state-run social insurance program that serves employees in the official, informal and private sectors.

The SSS is mandated by law and aims to provide for citizens in tough times. It currently administers two programs: social security and employee compensation.

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