Binance Pay has teamed up with French fintech Lyzi to facilitate cryptocurrency payments for over 80 businesses in the French Riviera, as announced in a recent press release. This initiative, covering cities like Cannes, Nice, Antibes, and Monaco, aims to integrate digital currencies into the region's luxury tourism and retail sectors. Visitors and locals can now use stablecoins and various cryptocurrencies at hotels, restaurants, beach clubs, and luxury shops by simply scanning a QR code for instant transactions without gas fees. Merchants benefit from immediate euro settlements through this system. Cannes Mayor David Lisnard has actively encouraged local businesses to adopt crypto payments, emphasizing the importance of adapting to this trend. Binance Pay supports over 100 cryptocurrencies, including euro and US dollar-backed stablecoins, while ensuring secure transactions with features like encrypted transfers and two-factor authentication. To promote this rollout, Binance Pay is offering a 5 EURI reward for eligible crypto purchases of at least 20 euros until Sunday. Read more AI-generated news on: https://app.chaingpt.org/news