Deep Tide TechFlow News, on August 18, Volkswagen Group Singapore (VGS) announced a partnership with payment institution FOMO Pay to accept digital currency payments for vehicles and related services. According to the agreement, customers can use Bitcoin, Ethereum, and stablecoins such as USDT and USDC for payments.

This payment service will be applied to part payments for new cars and after-sales services, with a daily transaction limit of 4,500 Singapore dollars and a maximum limit of 13,500 Singapore dollars. FOMO Pay will provide payment infrastructure, ensuring transaction compliance and offering real-time exchange rate services.