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Spar rolls out nationwide stablecoin and crypto payments in Switzerland

Spar will launch crypto and stablecoin payments across 300 Swiss supermarkets via Binance Pay and DFX.swiss, marking a retail first for the country.

Global grocery giant Spar is enabling stablecoin and cryptocurrency payments in its stores across Switzerland, marking what the company says will be the first nationwide rollout of digital asset payments in the retail sector.

The grocery chain is partnering with Binance Pay and Swiss fintech firm DFX.swiss to allow customers to pay with more than 100 cryptocurrencies and stablecoins, according to a Thursday announcement shared with Cointelegraph.

The service is already live in 100 Spar stores and will expand to the remaining locations in coming months. A full rollout across the country’s Spar network has no confirmed timeline, a Spar spokesperson said.

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Source: Cointelegraph →