Quantcast

Binance to enable stablecoin, cryptocurrency payments at Swiss Spar supermarkets

Nexo acquitted of money laundering and tax fraud
Donald Trump sells $2.4 million worth of ETH
The fortune of the former CEO of Binance increased by 25 billion in 2023
The 5 events that marked the world of crypto in 2023
PSAN: the challenges of Circle and Coinbase's arrival in France
El Salvador Offers Citizenship to Bitcoin “Donors”
Coinbase Lands PSAN Registration in France
EXCLUSIVE: Swift makes progress on a blockchain settlement system
Shares, Trade Republic, Robinhood: the growing appetite of investment apps for cryptos
Banks, Tech, Crypto: The Biggest Winners and Losers in Congress
Stablecoin Push Unleashes Flood of Crypto Lobbying Cash in US Congress
Fiat Republic raises $7M to connect banks and crypto exchanges
Crypto startup Fideum wins Mastercard Lighthouse incubator prize
La Belgique souhaite soutenir une initiative blockchain européenne
Bitcoin Development Platform Tap Protocol Secures $4.2 Million in Funding
Binance Crackdown Unleashes Unprecedented Scrutiny on Crypto Transactions
Galaxy Digital targets more crypto bankruptcy asset sales after FTX deal
Super PAC Raises $78 Million From Crypto Who’s Who
Private Credit Rebounds in the Crypto Sector With a 55% Jump in 2023
The Countdown for a Bitcoin ETF Decision Is Approaching a Critical Deadline
Exclusive. Binance leaves Adan's Board of Directors
Goldman Sachs anticipates surge in security token trading
The French Red Cross launches its first NFT donation collection with TheSandbox
According to JPMorgan, Ether will outperform Bitcoin and other cryptocurrencies in 2024
Obligate launches tokenized structured products for institutional investors
Ex-Credit Suisse Executive Debuts Crypto Trading Venue for Banks
GAC: Jack Dorsey Invests $6.2M in the “Ocean” Project
Bitstamp and Flowdesk 1st step for the EURCV stablecoin
The Blockchain Group: receivership raises a number of questions
Marwan Alzarouni (Dubai): "Our regulation will be strengthened as the ecosystem develops".
Binance to enable stablecoin, cryptocurrency payments at Swiss Spar supermarkets
Web3/Crypto
Webp  37
Changpeng Zhao, Founder of Binance | X

Binance has announced that its Binance Pay platform will now accept stablecoin and cryptocurrency payments at 300 Spar supermarkets across Switzerland. This development is facilitated through a partnership with DFX.swiss, as revealed in a public statement.

According to Cointelegraph, this initiative represents the first nationwide rollout of cryptocurrency and stablecoin payments in Swiss supermarkets. It is already operational in over 100 Spar locations and is expected to expand to 300 stores in the coming months. This marks a significant step forward for digital asset usability in mainstream retail, allowing grocery shopping across an entire national network in Switzerland using more than 100 supported cryptocurrencies.

Binance's announcement indicates that customers can pay with over 100 cryptocurrencies, including euro- and dollar-backed stablecoins, via the Binance Pay app without incurring gas fees. At checkout, shoppers scan a QR code provided by DFX.swiss, which handles the conversion process. This enables payments to be instantly converted into Swiss francs or another currency upon request, ensuring that Spar receives fiat while supporting crypto transactions.

Get the Newsletter
Sign-up to receive weekly round up of news from Crypto Republique
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

André Scherrer, managing director of Spar Switzerland, said that merchants using crypto payments through Binance Pay and DFX.swiss could save up to two-thirds on commission fees compared to traditional card payments. The system is described as "gas-free," eliminating additional transaction costs and reducing friction for both merchants and customers. This adoption reflects a shift toward more efficient and cost-effective checkout options in retail.

Binance is recognized as one of the world's largest cryptocurrency exchanges and digital asset platforms. Since its inception in 2017, it has expanded its services globally to millions of users, offering spot and derivatives trading, staking, savings, and Binance Pay—a contactless, borderless, secure cryptocurrency payment technology.

Organizations Included in this History
More News

Raoul Pal, CEO of Real Vision, said that cryptocurrency gains depend on liquidity, with a government shutdown and the Treasury General Account (TGA) delaying conditions for a breakout.

Nov 3, 2025

Changpeng "CZ" Zhao, founder of Binance, said that Kyrgyzstan presents significant potential for cryptocurrency growth and encouraged other firms in the industry to consider investing and operating there.

Nov 3, 2025

Julian Hosp, founder of Cake DeFi, said that Bitcoin has evolved into a speculative gamble, with stronger returns emerging in artificial intelligence (AI), energy, and broader technology sectors.

Nov 3, 2025

Binance announced on its website that it upgraded its USDⓈ-M Futures Liquidity Provider Program on November 3, 2025.

Nov 3, 2025

Carlos Domingo, CEO of Securitize, has expressed confidence in blockchain technology's potential to transform asset management.

Nov 3, 2025

Binance announced on its website that it will update collateral and Tiered Collateral Ratios for PM Pro (Portfolio Margin) on November 4 and November 7, 2025.

Nov 3, 2025