Supermarket giant Spar has enabled Cardano's ADA token for customer payments across 137 stores in Switzerland, marking a significant step in the nation's push to become a global crypto hub.
This integration, powered by Swiss fintech DFX.swiss's Open Crypto Pay, allows transactions directly from ADA wallets with reduced merchant costs compared to traditional card payments. The Cardano Foundation highlights this as a transition from experimental blockchain technology to "genuine financial transformation."
This initiative follows Spar's earlier rollout of crypto and stablecoin payments in Switzerland. Separately, Tether and the city of Lugano have committed significant funds to further position Lugano as a digital asset infrastructure hub, with the city already accepting Bitcoin and USDt for certain municipal fees.