Yang Gallery, a premier destination for contemporary fine art in Singapore, is embracing the future of art transactions by integrating stablecoin payments through dtcpay. Established in 2005, the gallery has built a reputation for showcasing original works from renowned global and regional artists. With this new initiative, Yang Gallery continues to innovate, offering a seamless and secure way for clients to purchase artwork using digital currencies directly from their mobile devices.

Stablecoins are a type of digital currency designed to maintain a consistent value by being tied to traditional assets, like the US dollar. Unlike highly volatile cryptocurrencies such as Bitcoin or Ethereum, stablecoins offer stability, making them ideal for transactions involving valuable assets like artwork. This enables both buyers and sellers to take advantage of the speed and efficiency of digital currencies, without worrying about the unpredictable price changes seen in other cryptocurrencies.

By adopting stablecoin payments, Yang Gallery caters to a new generation of tech-savvy collectors who appreciate the convenience and security of modern financial solutions. The integration of dtcpay simplifies the purchasing process for both collectors and the gallery. Clients can make purchases in stablecoins, while Yang Gallery receives payments in local currencies, ensuring a smooth transaction experience. This shift not only reduces transaction fees but also accelerates the purchasing process, enhancing customer satisfaction and streamlining the overall art-buying experience.

dtcpay is a Monetary Authority of Singapore (MAS)-regulated Major Payment Institution (MPI), licensed to conduct Digital Payment Token (DPT) services. This regulatory status means that dtcpay operates under the strict oversight of the MAS, providing peace of mind to both Yang Gallery and its clients.

Stablecoins like USDC, USDT, WUSD, and the soon-to-be-supported FDUSD are all accepted through dtcpay’s Point-of-Sale (POS) system, ensuring smooth and efficient transactions.

dtcpay’s stablecoin acceptance service has already garnered the trust of some of Singapore’s leading brands, further underscoring its reliability and efficiency. Notable establishments such as Metro and Capella Hotel Group are already utilizing dtcpay’s POS systems to accept stablecoins, cementing its position as a trusted payment solution for businesses across diverse industries.

“This is an exciting moment for Yang Gallery as we adopt dtcpay’s secure and regulated stablecoin payments,” says Susanna Yang, Founder of Yang Gallery. “At Yang Gallery, we believe in pushing the boundaries of art and commerce. By accepting stablecoins through dtcpay, we are not only modernizing our payment processes but also inviting a new generation of collectors to engage with art in a way that resonates with their lifestyle. The seamless integration has drastically improved the purchasing experience, allowing clients to acquire artworks quickly and efficiently. We highly recommend dtcpay to any art establishment looking to enhance their payment options and meet the demands of today’s collectors.”

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dtcpay is a regulated Major Payment Institution (MPI) licensed by the Monetary Authority of Singapore (MAS) to conduct Digital Payment Token (DPT) services and other payment services under the Payment Services Act (PSA). As a leading provider of digital payment solutions, we pioneer the integration of stablecoin acceptance into traditional financial systems. With a vision to make global transactions seamless and sustainable, dtcpay empowers individuals and businesses to embrace the future of payments.

Learn more at dtcpay.com.