Metro Singapore, one of the well-known retail chains, is set to revolutionize its payment system by accepting stablecoin payments. This move follows the growing trend of cryptocurrency adoption in Singapore and comes in partnership with DTCPAY, a local crypto payments company.
Metro will begin accepting stablecoins such as Tether’s USDT, Circle’s USDC, and WUSD for in-store and online payments at Metro Mall. Soon, they will also expand to include the First Digital Dollar Stablecoin (FDUSD). Metro’s Chief Operating Officer (COO), Erwin Wuysang-Oei, sees this shift as not just a response to the evolving retail landscape but as a way to shape the future of commerce.
Metro Singapore Game-Changing Partnership with DTCPAY
The collaboration between Metro Singapore and DTCPAY marks a significant milestone for the retail sector in Singapore.
According to Metro’s COO, “This is a transformative moment for Metro, and we are excited to lead the industry in making digital assets a viable everyday reality for our customers.”
The partnership will allow Metro Singapore customers to make payments using stablecoins, which are digital currencies pegged to the value of traditional assets like the U.S. dollar. Stablecoins such as Tether’s USDT and Circle’s USDC have become widely accepted in the cryptocurrency community due to their stability.
The decision to accept stablecoin payments highlights Metro’s commitment to innovation and adapting to the rapidly changing digital landscape. Wuysang-Oei further emphasized that Metro is “not only embracing the future but shaping it,” showcasing how Metro is leading the charge toward making digital assets part of daily life.
The Move to Stablecoins: Why It Matters
Metro Singapore decision to accept stablecoins comes amid increasing demand for digital currency solutions that offer the benefits of cryptocurrency without the volatility typically associated with other tokens like Bitcoin and Ethereum. Stablecoins have become a popular option due to their ability to maintain a stable value, making them ideal for everyday transactions. By accepting stablecoin payments, Metro is not only offering more flexibility for customers but also helping to bring digital currencies into the mainstream retail environment.
DTCPAY, which has partnered with Metro, made a strategic decision to switch to stablecoins exclusively for payments in 2025.
The company dropped support for Bitcoin (BTC) and Ethereum (ETH) in January, citing that stablecoins provide a “more reliable, scalable, and secure payment experience.”
This shift reflects growing confidence in stablecoins as a trusted and practical payment method for everyday transactions.
The Growing Crypto Adoption in Singapore
Singapore has been at the forefront of embracing digital assets, with a growing number of local businesses and consumers incorporating cryptocurrencies into their financial lives. This trend has been bolstered by Singapore’s progressive regulatory environment and the increasing comfort of its citizens with digital assets. According to a report by crypto.news, Singaporean wealth managers have been allocating larger portions of their portfolios to digital assets, particularly after the 2024 U.S. presidential election, as President Donald Trump’s victory prompted optimism about cryptocurrency investments.
“Locals are more positive about incorporating crypto investments as part of their portfolios,” said Gerald Goh, CEO of Sygnum Bank, speaking on the growing interest in cryptocurrencies in Singapore.
This shift in investor behavior demonstrates the increasing acceptance of crypto in Singapore and positions the country as a leader in the global push for cryptocurrency adoption.
Singapore’s Regulatory Advantage Over Hong Kong
As Singapore continues to outpace other regions in adopting crypto solutions, it has pulled ahead of Hong Kong, which has struggled with more restrictive regulations. In 2024 alone, the Monetary Authority of Singapore granted 13 new crypto licenses, doubling the number of licenses granted the previous year. Meanwhile, Hong Kong has faced challenges in fostering crypto growth due to its stringent regulatory framework.
This regulatory clarity in Singapore has contributed to the country’s success in becoming a hub for cryptocurrency-related businesses, with many companies choosing Singapore as a base for their operations. As Metro’s new stablecoin payment system shows, Singapore’s forward-thinking approach is helping shape the future of retail payments.
Conclusion: Metro Singapore Bold Step Toward the Future
Metro Singapore decision to start accepting stablecoin payments marks a pivotal moment in the retail industry. This move not only positions Metro as a leader in embracing digital currency but also signals a wider acceptance of cryptocurrencies in everyday transactions. As the world continues to evolve, Metro Singapore integration of stablecoins into its payment system demonstrates how businesses can adapt to the changing landscape and meet the demands of modern consumers.
With Singapore at the forefront of crypto adoption, Metro Singapore collaboration with DTCPAY is a clear indication that digital currencies, especially stablecoins, will continue to shape the future of retail. As more companies follow Metro Singapore lead, it is likely that stablecoin payments will become a common feature in retail transactions, offering a seamless, efficient, and secure payment experience for customers. Keep following Deythere and keep an eye on Metro Singapore Stablecoin adoption.
FAQs
Q: When will Metro start accepting stablecoin payments?
Metro will begin accepting stablecoin payments soon, with the feature being rolled out in both physical stores and online at Metro Mall.
Metro will begin accepting stablecoin payments soon, with the feature being rolled out in both physical stores and online at Metro Mall.
Q: Which stablecoins will Metro accept?
Metro will accept Tether’s USDT, Circle’s USDC, WUSD, and First Digital Dollar Stablecoin (FDUSD).
Metro will accept Tether’s USDT, Circle’s USDC, WUSD, and First Digital Dollar Stablecoin (FDUSD).
Q: Why did DTCPAY switch to stablecoins for payments?
DTCPAY switched to stablecoins in 2025, citing a desire to offer a more reliable, scalable, and secure payment experience compared to Bitcoin and Ethereum.
DTCPAY switched to stablecoins in 2025, citing a desire to offer a more reliable, scalable, and secure payment experience compared to Bitcoin and Ethereum.
Q: How has Singapore supported the growth of crypto adoption?
Singapore has supported crypto growth by granting numerous licenses to crypto companies and creating a favorable regulatory environment, allowing the country to lead in cryptocurrency adoption.
Singapore has supported crypto growth by granting numerous licenses to crypto companies and creating a favorable regulatory environment, allowing the country to lead in cryptocurrency adoption.
Glossary of Key Terms
- Stablecoin: A type of cryptocurrency that is pegged to a stable asset, like the U.S. dollar, to reduce price volatility.
- DTCPAY: A Singaporean crypto payments firm that facilitates cryptocurrency transactions.
- USDT (Tether): A stablecoin pegged to the value of the U.S. dollar.
- USDC (Circle): Another stablecoin pegged to the U.S. dollar.
- Crypto Licenses: Official licenses granted by regulatory authorities allowing businesses to operate within the cryptocurrency sector.
References
- Rony Roy. (2025). Metro to Accept Stablecoin Payments in Singapore. Cryptocurrency Today.
- Dorian Batycka. (2025). Singapore’s Growing Adoption of Stablecoins. Blockchain Insights.
- Cryptocurrency News – Singapore Embracing Crypto
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