📰 Lugano expands its crypto project with Tether
The Swiss city of Lugano continues to develop its Plan B initiative with Tether. According to the Financial Times on November 13, nearly 500 local businesses accept Bitcoin, USDT, or the city’s LVGA token. Some municipal fees can also be paid with digital assets.
Tether has allocated another 5 million Swiss francs to continue the project, which brings together payments, education, and support for crypto businesses. However, the widespread onboarding of businesses does not mean widespread use: at one store, crypto payments accounted for just 0.02% of sales.
Source: Financial Times, November 13, 2026.
#Bitcoin #Tether
The Swiss city of Lugano continues to develop its Plan B initiative with Tether. According to the Financial Times on November 13, nearly 500 local businesses accept Bitcoin, USDT, or the city’s LVGA token. Some municipal fees can also be paid with digital assets.
Tether has allocated another 5 million Swiss francs to continue the project, which brings together payments, education, and support for crypto businesses. However, the widespread onboarding of businesses does not mean widespread use: at one store, crypto payments accounted for just 0.02% of sales.
Source: Financial Times, November 13, 2026.
#Bitcoin #Tether