Singapore's HitPay Partners with Triple-A to Offer Stablecoin Payments

According to PANews, Singapore-based payment platform HitPay has partnered with Triple-A to provide stablecoin payment services to over 20,000 small and medium-sized enterprises in Singapore. This collaboration enables merchants to accept stablecoin payments for both e-commerce transactions and in-store purchases, with the option to instantly convert them into fiat currency. The initiative aims to reduce merchants' exposure to cryptocurrency price volatility while ensuring compliance with local regulatory requirements. The companies stated that merchants can activate this new feature within minutes source: https://www.binance.com/en/square/post/31036530626785?utm_source=BinanceNewsRSS