{"id":3412594,"date":"2026-01-26T07:00:00","date_gmt":"2026-01-26T12:00:00","guid":{"rendered":"https:\/\/www.pymnts.com\/?post_type=nw_announcement&p=3412594"},"modified":"2026-01-22T18:32:48","modified_gmt":"2026-01-22T23:32:48","slug":"sqril-supports-stablecoins-such-as-tethers-usdt-for-its-scan-to-pay-qr-switch-in-emerging-markets","status":"publish","type":"nw_announcement","link":"https:\/\/www.pymnts.com\/newswire-announcements\/sqril-supports-stablecoins-such-as-tethers-usdt-for-its-scan-to-pay-qr-switch-in-emerging-markets\/","title":{"rendered":"SQRIL supports stablecoins such as Tether\u2019s USDT for its Scan-to-Pay QR switch in Emerging Markets"},"content":{"rendered":"

Singapore, January 23, 2026 – SQRIL (pronounced squirrel), the Southeast Asia based startup backed by the Plan B VC Fund which provides a payments API switch for traditional banks and ewallets, also now supports crypto apps through stablecoins such as Tether\u2019s USDT to allow their users to scan & pay QR codes across Asia, Africa and Latin America.<\/p>\n

SQRIL Founder & CEO Malcolm Weed explains, \u201cany crypto exchange, crypto wallet or Dapp can now integrate with our APIs and allow their user base to scan & pay local QR codes across emerging markets and pay with USD stablecoin, while SQRIL handles the local fiat payout to the merchant in the destination country.\u201d<\/p>\n

Malcolm continues,\u201dI believe we are at the early stages of instant payment interoperability between banks, ewallets, crypto apps and merchants of different countries, and SQRIL plans to be an important part of that infrastructure. With the rise of national QR code schemes and hundreds of millions of stablecoin holders across the world, there needs to be a better way to pay across borders.\u201d<\/p>\n

Scan-to-pay QR code payments across Asia have been the leading payment method over the past several years. Emerging markets such as Latin America and Africa are also increasing their usage of real-time national QR codes.<\/p>\n

\u201cHaving worked in crossborder payments for the past thirteen years and spending the past seven in crypto, I can confidently say that scan-to-pay QR code payments will be universal the world over in the coming years. Usually you see developed world technologies making their way to emerging markets, but I really believe this will happen in the reverse.\u201d explains Malcolm.<\/p>\n

The SQRIL API is now available to pay local QR codes in the Philippines, Vietnam and Indonesia, with bank transfers in Malaysia and Thailand. Additional countries across Asia, Africa and Latin America will be added throughout Q1.\u00a0<\/p>\n

\u201cWe are aiming to be the world’s Scan-to-Pay QR code infrastructure leader, especially as it relates to stablecoins and emerging markets,\u201d remarked Malcolm.<\/p>\n

For more information visit our website at sqril.io<\/a> or email info@sqril.io<\/a><\/p>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

Singapore, January 23, 2026 – SQRIL (pronounced squirrel), the Southeast Asia based startup backed by the Plan B VC Fund which provides a payments API switch for traditional banks and ewallets, also now supports crypto apps through stablecoins such as Tether\u2019s USDT to allow their users to scan & pay QR codes across Asia, Africa […]<\/p>\n","protected":false},"author":102931,"featured_media":0,"template":"","meta":{"_acf_changed":false,"content-type":"","inline_featured_image":false,"press_contact_first_name":"SQRIL","press_contact_last_name":"MEDIA","press_contact_title":"PR","press_contact_company":"SQRIL","press_contact_email":"info@sqril.io","press_contact_phone":"","meta_description":"SQRIL supports stablecoins such as Tether\u2019s USDT for its Scan-to-Pay QR switch in Emerging Markets","keywords":"","spt_article_id":"u-glu6Z8tPDYC1zDo7xZy","company_logo":3412593,"package_name":"Plus","spt_editor_url":"","footnotes":""},"tags":[],"class_list":["post-3412594","nw_announcement","type-nw_announcement","status-publish","hentry"],"acf":[],"yoast_head":"\nSQRIL supports stablecoins such as Tether\u2019s USDT for its Scan-to-Pay QR switch in Emerging Markets | PYMNTS.com<\/title>\n<meta name=\"description\" content=\"SQRIL supports stablecoins such as Tether\u2019s USDT for its Scan-to-Pay QR switch in Emerging Markets\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.pymnts.com\/newswire-announcements\/sqril-supports-stablecoins-such-as-tethers-usdt-for-its-scan-to-pay-qr-switch-in-emerging-markets\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SQRIL supports stablecoins such as Tether\u2019s USDT for its Scan-to-Pay QR switch in Emerging Markets\" \/>\n<meta property=\"og:description\" content=\"SQRIL supports stablecoins such as Tether\u2019s USDT for its Scan-to-Pay QR switch in Emerging Markets\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.pymnts.com\/newswire-announcements\/sqril-supports-stablecoins-such-as-tethers-usdt-for-its-scan-to-pay-qr-switch-in-emerging-markets\/\" \/>\n<meta property=\"og:site_name\" content=\"PYMNTS.com\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/pymnts\/\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.pymnts.com\/wp-content\/uploads\/2022\/10\/PYMNTS_2022_open_graph_1280x720.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@pymnts\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.pymnts.com\\\/newswire-announcements\\\/sqril-supports-stablecoins-such-as-tethers-usdt-for-its-scan-to-pay-qr-switch-in-emerging-markets\\\/\",\"url\":\"https:\\\/\\\/www.pymnts.com\\\/newswire-announcements\\\/sqril-supports-stablecoins-such-as-tethers-usdt-for-its-scan-to-pay-qr-switch-in-emerging-markets\\\/\",\"name\":\"SQRIL supports stablecoins such as Tether\u2019s USDT for its Scan-to-Pay QR switch in Emerging Markets | PYMNTS.com\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.pymnts.com\\\/#website\"},\"datePublished\":\"2026-01-26T12:00:00+00:00\",\"description\":\"SQRIL supports stablecoins such as Tether\u2019s USDT for its Scan-to-Pay QR switch in Emerging Markets\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.pymnts.com\\\/newswire-announcements\\\/sqril-supports-stablecoins-such-as-tethers-usdt-for-its-scan-to-pay-qr-switch-in-emerging-markets\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.pymnts.com\\\/newswire-announcements\\\/sqril-supports-stablecoins-such-as-tethers-usdt-for-its-scan-to-pay-qr-switch-in-emerging-markets\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.pymnts.com\\\/newswire-announcements\\\/sqril-supports-stablecoins-such-as-tethers-usdt-for-its-scan-to-pay-qr-switch-in-emerging-markets\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.pymnts.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Newswire Announcements\",\"item\":\"https:\\\/\\\/www.pymnts.com\\\/newswire-announcements\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"SQRIL supports stablecoins such as Tether\u2019s USDT for its Scan-to-Pay QR switch in Emerging Markets\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.pymnts.com\\\/#website\",\"url\":\"https:\\\/\\\/www.pymnts.com\\\/\",\"name\":\"PYMNTS.com\",\"description\":\"The latest global news and analysis in payments, retail, fintech, financial services and the digital economy.\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.pymnts.com\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.pymnts.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.pymnts.com\\\/#organization\",\"name\":\"PYMNTS\",\"url\":\"https:\\\/\\\/www.pymnts.com\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.pymnts.com\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.pymnts.com\\\/wp-content\\\/uploads\\\/2023\\\/05\\\/PYMNTS_2023_logo_black-1.png\",\"contentUrl\":\"https:\\\/\\\/www.pymnts.com\\\/wp-content\\\/uploads\\\/2023\\\/05\\\/PYMNTS_2023_logo_black-1.png\",\"width\":3329,\"height\":687,\"caption\":\"PYMNTS\"},\"image\":{\"@id\":\"https:\\\/\\\/www.pymnts.com\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/pymnts\\\/\",\"https:\\\/\\\/x.com\\\/pymnts\"]}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"SQRIL supports stablecoins such as Tether\u2019s USDT for its Scan-to-Pay QR switch in Emerging Markets | PYMNTS.com","description":"SQRIL supports stablecoins such as Tether\u2019s USDT for its Scan-to-Pay QR switch in Emerging Markets","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.pymnts.com\/newswire-announcements\/sqril-supports-stablecoins-such-as-tethers-usdt-for-its-scan-to-pay-qr-switch-in-emerging-markets\/","og_locale":"en_US","og_type":"article","og_title":"SQRIL supports stablecoins such as Tether\u2019s USDT for its Scan-to-Pay QR switch in Emerging Markets","og_description":"SQRIL supports stablecoins such as Tether\u2019s USDT for its Scan-to-Pay QR switch in Emerging Markets","og_url":"https:\/\/www.pymnts.com\/newswire-announcements\/sqril-supports-stablecoins-such-as-tethers-usdt-for-its-scan-to-pay-qr-switch-in-emerging-markets\/","og_site_name":"PYMNTS.com","article_publisher":"https:\/\/www.facebook.com\/pymnts\/","og_image":[{"width":1280,"height":720,"url":"https:\/\/www.pymnts.com\/wp-content\/uploads\/2022\/10\/PYMNTS_2022_open_graph_1280x720.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_site":"@pymnts","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.pymnts.com\/newswire-announcements\/sqril-supports-stablecoins-such-as-tethers-usdt-for-its-scan-to-pay-qr-switch-in-emerging-markets\/","url":"https:\/\/www.pymnts.com\/newswire-announcements\/sqril-supports-stablecoins-such-as-tethers-usdt-for-its-scan-to-pay-qr-switch-in-emerging-markets\/","name":"SQRIL supports stablecoins such as Tether\u2019s USDT for its Scan-to-Pay QR switch in Emerging Markets | PYMNTS.com","isPartOf":{"@id":"https:\/\/www.pymnts.com\/#website"},"datePublished":"2026-01-26T12:00:00+00:00","description":"SQRIL supports stablecoins such as Tether\u2019s USDT for its Scan-to-Pay QR switch in Emerging Markets","breadcrumb":{"@id":"https:\/\/www.pymnts.com\/newswire-announcements\/sqril-supports-stablecoins-such-as-tethers-usdt-for-its-scan-to-pay-qr-switch-in-emerging-markets\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.pymnts.com\/newswire-announcements\/sqril-supports-stablecoins-such-as-tethers-usdt-for-its-scan-to-pay-qr-switch-in-emerging-markets\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.pymnts.com\/newswire-announcements\/sqril-supports-stablecoins-such-as-tethers-usdt-for-its-scan-to-pay-qr-switch-in-emerging-markets\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.pymnts.com\/"},{"@type":"ListItem","position":2,"name":"Newswire Announcements","item":"https:\/\/www.pymnts.com\/newswire-announcements\/"},{"@type":"ListItem","position":3,"name":"SQRIL supports stablecoins such as Tether\u2019s USDT for its Scan-to-Pay QR switch in Emerging Markets"}]},{"@type":"WebSite","@id":"https:\/\/www.pymnts.com\/#website","url":"https:\/\/www.pymnts.com\/","name":"PYMNTS.com","description":"The latest global news and analysis in payments, retail, fintech, financial services and the digital economy.","publisher":{"@id":"https:\/\/www.pymnts.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.pymnts.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.pymnts.com\/#organization","name":"PYMNTS","url":"https:\/\/www.pymnts.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.pymnts.com\/#\/schema\/logo\/image\/","url":"https:\/\/www.pymnts.com\/wp-content\/uploads\/2023\/05\/PYMNTS_2023_logo_black-1.png","contentUrl":"https:\/\/www.pymnts.com\/wp-content\/uploads\/2023\/05\/PYMNTS_2023_logo_black-1.png","width":3329,"height":687,"caption":"PYMNTS"},"image":{"@id":"https:\/\/www.pymnts.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/pymnts\/","https:\/\/x.com\/pymnts"]}]}},"parsely":{"version":"1.1.0","canonical_url":"https:\/\/pymnts.com\/newswire-announcements\/sqril-supports-stablecoins-such-as-tethers-usdt-for-its-scan-to-pay-qr-switch-in-emerging-markets\/","smart_links":{"inbound":0,"outbound":0},"traffic_boost_suggestions_count":0,"meta":[],"rendered":"","tracker_url":"https:\/\/cdn.parsely.com\/keys\/pymnts.com\/p.js"},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.pymnts.com\/wp-json\/wp\/v2\/nw_announcement\/3412594","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pymnts.com\/wp-json\/wp\/v2\/nw_announcement"}],"about":[{"href":"https:\/\/www.pymnts.com\/wp-json\/wp\/v2\/types\/nw_announcement"}],"author":[{"embeddable":true,"href":"https:\/\/www.pymnts.com\/wp-json\/wp\/v2\/users\/102931"}],"version-history":[{"count":1,"href":"https:\/\/www.pymnts.com\/wp-json\/wp\/v2\/nw_announcement\/3412594\/revisions"}],"predecessor-version":[{"id":3412595,"href":"https:\/\/www.pymnts.com\/wp-json\/wp\/v2\/nw_announcement\/3412594\/revisions\/3412595"}],"wp:attachment":[{"href":"https:\/\/www.pymnts.com\/wp-json\/wp\/v2\/media?parent=3412594"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pymnts.com\/wp-json\/wp\/v2\/tags?post=3412594"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}