bitcoin and stablecoin adoption is growing

bitcoin and stablecoin adoption is growing

McDonald’s now accepts bitcoin as a form of payment in the city of Lugano, Switzerland. In a video, on Bitcoin Magazine’s Twitter account, a person is seen ordering food from McDonald’s. She then pays at regular checkout using a mobile app. Payment in cash is also accepted in this large chain of restaurants in Switzerland.

Paying at McDonald’s with bitcoins in Lugano, Switzerland.

Some businesses in Lugano now accept bitcoin (BTC).

According to an announcement, the Plan B Foundation has just incorporated the city of Lugano, Switzerland, enabling bitcoin and stablecoin payments. This is an organization dedicated to accepting cryptos, especially BTC and stablecoins.

The foundation has partnered with GoCrypto, to allow some companies to accept payments in crypto. Among these companies, we can mention the famous restaurant chain McDonald’s.

So GoCrypto payments are now available at nearly a dozen vendors across the city, including art galleries.

The foundation, created by the same people who founded Tether, and the city of Lugano, plan to expand the acceptance of bitcoin throughout the city. To do this, he influences and participates in the daily activities of all the inhabitants of the city.

Bitcoin is accepted in businesses in Lugano
Crypto: Bitcoin (BTC) adoption is on the rise in Lugano – source: bitcoinmagazine

Plan B Base partnership with GoCrypto

The Plan B Foundation plans to transform the city’s current financial infrastructure. This is in addition to offering options in the form of payments.

In fact, it has partnered with GoCrypto to expand to the entire city. It is a cryptocurrency payment service provider. Through this partnership, the foundation can provide the infrastructure for bitcoin payments in the city of Lugano.

Earlier this year, Lugano and Tether signed a memorandum of understanding to launch a strategic collaboration across a number of initiatives. In particular, this agreement aims to help local businesses integrate authorized stables and bitcoin into their existing payment services. said Paolo Ardoino, CTO of Tether.

The feature should expand and improve over the next 25 days. This will allow other companies in Lugano to accept bitcoin.

On this subject, Plan B Foundation is organizing a conference that will take place on 28 and 29 October. Therefore, she expects to serve more than 2000 people during this event. The organization’s goal is to enable more than 2,500 merchants to accept bitcoin payments.

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Cointribune’s editorial team unites their voices to express themselves on topics specific to cryptocurrencies, investment, the metaverse and NFTs, trying to answer your questions in the best possible way.

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