Global supermarket chain Spar has introduced Bitcoin payments in a Swiss city, showcasing the increasing acceptance of cryptocurrency for daily transactions. The Spar supermarket in Zug now accepts Bitcoin payments through the Lightning Network. This initiative was announced by DFX Swiss, a crypto-to-fiat payment solution firm, on April 17. Switzerland has been known for its crypto-friendly environment, with initiatives like Lugano accepting Bitcoin and Tether USDt payments for municipal fees. Currently, there are over 1,000 stores in Switzerland that accept Bitcoin payments. Spar's implementation of Bitcoin payments simplifies the process for customers, allowing them to pay by scanning a QR code. The country's Crypto Valley has seen significant growth, with a valuation exceeding $593 billion in 2024. This move by Spar and other companies in Switzerland is expected to boost mainstream trust in cryptocurrency payments. Read more AI-generated news on: https://app.chaingpt.org/news

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