Trip.com has begun accepting the stablecoins USDT (Tether) and USDC (USD Coin) for certain prepaid hotel and flight bookings on its international platform, effective Oct. 9. The option is available to users in selected overseas markets.
Access to the payment method is determined by users’ IP addresses. It is not available to customers in mainland China, Hong Kong, and several other markets because of regulatory restrictions. A customer in Vietnam reportedly used USDT to book both a hotel and a flight at prices lower than those shown on Trip.com’s mainland China app, Ctrip.
Trip.com’s move follows a broader trend toward the use of US dollar–pegged tokens in global commerce, which proponents say can enable faster transactions and potential cost savings. The introduction of stablecoin payments expands the company’s range of payment options for international users.
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