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Spar Supermarket in Switzerland begins to receive payments to Bitcoin

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The Global Grocery Giant Spar rolls into Bitcoin-based payments in a city of Switzerland, which has marked another step in growing cryptocurrency adoption for daily transactions.

A spar supermarket in Zug, Switzerland, implemented Bitcoin (Btc) payments through the Lightning Network.

Store Bitcoin payments lived at BTC Mao, a community-driven project featuring stores receiving BTC payments, DFX Swiss, a crypto-to-fiat payment solution company, announced at an April 17 LinkedIn Post.

“The location of this spar is among the first supermarkets in Switzerland where you can pay directly to checkout using Bitcoin (via LNurl), thanks to our new hashtag#OpenCryptopay Solution, an open P2P standard for in-person crypto payments,” DFX said.

*The spar in Zug adopted the payment of Bitcoin, announcement. Source:* *DFX SWISS*

Switzerland has long been considered one of the more crypto-friendly constituents of Europe with some of the earliest crypto-adoption initiatives.

In 2023 the city of Swiss of Lugano adopted Bitcoin and Tether USDT (USDT) Payments for all municipal fees, one of the first city administrations around the world to do so.

There are current 1,013 shops and businesses receiving payments to Bitcoin in Switzerland, According to in BTCMAP data.

*Businesses receiving Bitcoin payments in Switzerland, Europe. Source:* *Btcmap*

The adoption of Bitcoin in giant retail with global presence can increase basic trust in cryptocurrency payment.

SPAR operates more than 13,900 stores throughout 48 countries, with over 14.7 million -day -day buyers and 450,000 employees worldwide.

Spar in Zug allows

Fiction points and the user’s complex experience are often criticized as some of the biggest obstacles that limit the main blockchain adoption.

However, SPAR’s Bitcoin implementation enables easy payment by scanning a simple rapid response code (QR), according to Rahim Taghizadegan, a university lecturer and director of the Bitcoin Association Switzerland.

In an April 16 LinkedIn PostHe described how simple to pay with BTC in Spar:

“Just a static QR code, send SATs, immediate and easy cashier registrations. If people are sufficient, it can be released across the country.”

“I used the Phoenix Wallet for the (The Lightning Network), but it works a bit,” he added.

*Bitcoin payment to Spar, Zug, Switzerland. Source: Rahim* *Taghizadegan*

More companies have adopted cryptocurrency in the country. Switzerland based on blockchain ecosystem Crypto Valley exceeds $ 593 billion In appreciation of 2024 after a 55% annual increase, Cointelegraph reported on January 21.

*Crypto Valley Unicorn. Source: cvvc.com*

Among the 50 regional creatures, 17 reached Unicorn status, with $ 1 billion or more appreciation.

“A Swiss industry where the top 50 creatures share an appreciation of $ 593 billion and that median funds have exceeded global medians reflect the sight and stability,” Mathias Ruch, founder and CEO of the CV VC, said in the cointelegraph.