Singapore’s Metro department store chain is jumping into the future of shopping, rolling out stablecoin payments for customers both in-store and online at Metro Mall. Thanks to a fresh partnership with local crypto payments firm DTCPAY, shoppers can now use Tether’s USDT, Circle’s USDC, and Worldwide Stablecoin Payment Network’s WUSD to pay for everything from clothes to home goods. And there’s more coming—support for First Digital Dollar Stablecoin (FDUSD) is just around the corner.
Metro’s COO, Erwin Wuysang-Oei, called the move a game-changer. “We’re not only embracing the future but shaping it,” he said, highlighting how the shift keeps Metro ahead in a fast-changing retail world. “This is a transformative moment for Metro, and we’re thrilled to lead the charge in making digital assets an everyday option for our customers.”
The timing aligns with DTCPAY’s big pivot earlier this year. Back in January, the company ditched Bitcoin (BTC) and Ethereum (ETH) to go all-in on stablecoins for 2025, betting on their stability to deliver a smoother, more secure payment experience. It’s a strategy that’s now paying off with this Metro tie-up.
Singaporeans, meanwhile, are warming up to crypto in a big way. Digital assets are popping up more in daily life and investment portfolios, a trend that’s picked up steam since Donald Trump’s 2024 U.S. election win. Wealth managers in the city-state have noticed clients getting cozier with crypto, with Sygnum Bank CEO Gerald Goh noting that locals are “more positive” about adding it to their financial mix.
