Tether explains what Lugano has done so far to expand Bitcoin and stablecoin adoption as a means of payment.
It’s been one year since the Swiss city of Lugano established Bitcoin and Tether as de facto legal tender within its borders. Since then, how has its adoption initiative fared?
Lugano has also issued the very first blockchain-based municipal bond. The 6-year debt issuance, worth 100 million CHF , can be traded directly on the SDX exchange, which is owned by Switzerland’s financial market infrastructure provider., the city’s municipal services now take payment in crypto, helping foster a circular economy for cryptocurrencies.
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