Spar supermarket in Switzerland starts accepting Bitcoin payments
Spar has introduced Bitcoin payments in a supermarket in Zug, Switzerland, utilizing the Lightning Network. This initiative is part of a broader trend of cryptocurrency adoption for everyday transactions. The implementation allows customers to pay via a QR code, simplifying the payment process. DFX Swiss announced the launch, highlighting that this location is among the first supermarkets in Switzerland to accept Bitcoin directly at checkout. Switzerland is recognized as a crypto-friendly nation, with Lugano adopting Bitcoin and Tether USDt for municipal fees in 2023. Currently, 1,013 businesses in Switzerland accept Bitcoin payments. Spar operates over 13,900 stores globally, and the ease of Bitcoin payments may enhance mainstream trust in cryptocurrency. The Swiss blockchain ecosystem, Crypto Valley, has reached a valuation of $593 billion in 2024, reflecting significant growth and resilience in the industry.
