Crypto: Adoption of bitcoin (BTC) is intensifying in Lugano

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 a regular checkout using a mobile app. Payment in tethers is also accepted in this large restaurant chain in Switzerland.

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

Several businesses in Lugano now accept bitcoin (BTC)

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

The foundation is in partnership with GoCrypto, in order to allow several 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 merchants across the city, including art galleries.

The foundation, created by the same people who founded Tether, and the city of Lugano, intends to expand bitcoin adoption across the city. To do this, it impacts and participates in all the daily activities of the inhabitants of the city.

Bitcoin accepted in businesses in Lugano
Crypto: Bitcoin (BTC) adoption is surging in Lugano – source: bitcoinmagazine

Plan B Foundation partnership with GoCrypto

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

Indeed, it has partnered with GoCrypto in order to expand to the whole 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 several initiatives. This agreement aims in particular to help local businesses integrate authorized stablecoins 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 which will take place on October 28 and 29. Thus, 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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