According to Golden Finance, according to Lianhe Zaobao, Singapore Metro Department Store announced that it would accept stablecoin payments, becoming the first department store in the local area to support this payment method. Customers can use Tether (USDT), USD stablecoin (USDC) and Global USD stablecoin (WUSD) to pay in physical stores and online shopping, and will also support the first digital USD stablecoin (FDUSD) in the future. Melo cooperates with crypto payment company dtcpay to promote retail innovation to cater to technology-based consumers. According to Chainalysis data, Singapore's total stablecoin payments reached nearly US$1 billion in the second quarter of 2024, reflecting the growth in market demand for stable digital payment methods.