Tether Operations Limited has partnered with Uquid, a Web3 e-commerce platform, to launch the "1 USDT" store. This innovative project aims to showcase the practical use of USDT in everyday transactions and digital commerce, leveraging cutting-edge DeFi technology.

The "1 USDT" store will offer a range of products, including digital items like mobile top-ups and gift cards, as well as physical products, all priced under 1 USDT. Customers can access the store through the website or a Telegram bot, enabling efficient and convenient crypto shopping.

Uquid, a pioneer in Web3 shopping infrastructure since 2016, has upgraded its DeFi payment system to address Web 2.0 shopping concerns and provide a seamless Web3 shopping experience. This Tether-backed initiative sets a new standard for accessibility and transparency in digital shopping.

Tether's CEO, Paolo Ardoino, expressed excitement about the partnership, highlighting its potential to transform the crypto shopping experience by creating limitless cross-border payment solutions that are reliable and non-restrictive.

In a separate move, Tether has decided to discontinue support for USDT on the EOS and Algorand blockchains. This decision was based on factors such as community interest, maintenance requirements, and usage levels, as Tether prioritizes the security and long-term viability of the blockchains it supports.