Swiss Lugano swiftly adopts Bitcoin as an everyday payment method

Uk Jin

Summary

Swiss Lugano said it has actively adopted Bitcoin as a payment method.
It reported that payments with Bitcoin and stablecoins have become possible in various areas such as coffee, fast food, local taxes, and tuition.
The city of Lugano said it is carrying out the Plan B project together with Tether, touting the effect of reduced payment fees.

The southern Swiss city of Lugano is drawing industry attention as it actively uses Bitcoin (BTC) as a payment method.

On the 26th (Korean time), digital asset-focused outlet Cointelegraph reported that Lugano has built infrastructure that allows payments with Bitcoin and stablecoins not only for coffee and fast food purchases but also for local taxes, parking fines, and tuition. Currently, three digital assets are used in Lugano: Bitcoin, USDT, and the Swiss franc-linked token LVGA.

Since 2022, the city of Lugano has been carrying out the digital asset payment project "Plan B" together with Tether (USDT). Plan B emphasizes the low payment fees of digital assets to encourage merchants and citizens to voluntarily participate in the project.

BTC