Go To McDonald's And Pay In Cryptocurrencies: The Latest Thing They Are Trying In Switzerland. - Magzinenow

Go to McDonald’s and pay in cryptocurrencies: the latest thing they are trying in Switzerland.


How much does a Big Mac cost in the crypto universe? If you want to discover it, you have to go to the city of Lugano in Switzerland, where the authorities have joined Tether (a type of cryptocurrency) to promote payment through this type of digital currency in various establishments such as McDonald’s or local museums.

The cryptocurrency fever is slowly going down, but there are still many people and companies that want to change this and want to establish once and for all these digital currencies as a payment method, just like any other.

A clear example of this is the city of Lugano (Switzerland), whose city council has agreed with Tether to promote this type of payment . What makes the Tether cryptocurrency special is that it is a stable coin , so its mission is to replicate the price of the US dollar, meaning that this token will always have the same value as the coin.

Under the name of Plan B , this project has as its main objective to introduce bitcoins as a new viable payment method for its citizens while transforming the financial structure of the city.

“Earlier this year, Lugano and Tether signed a memorandum of understanding to launch a strategic collaboration through various initiatives, including helping local businesses integrate their existing payment services with stablecoins and Bitcoin. allowed,” said Paolo Ardoino, CTO of Tether.

In order to make this a reality, all the stores, which at the moment are a total of 12 among which we find a McDonald’s, art galleries and other types of businesses, will use GoCrypto. This is a service of payment and cryptography solutions at all business levels, which facilitates and speeds up transactions so that they are made instantly.

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Although the Plan B project does not end here, and as they explain, in the next 25 days they intend to receive authorization so that many more businesses in the city approve this new payment method, where they expect more than 2,000 customers to use it. And by the end of 2023, the Plan Foundation? aims to allow more than 2,500 businesses to accept Bitcoin, Tether and LVGA, three cryptocurrencies as one more payment.