Quantcast

Binance to enable stablecoin, cryptocurrency payments at Swiss Spar supermarkets

Worldcoin launches layer 2 blockchain as eye scanning venture hits 10m users
Europe dominates crypto banking with 63 providers
French Usual raises $7M with its stablecoin USD0
Binance teams up with European universities to train students in Web3
Will bitcoin Continue to Rise or Fall?
Halving Bitcoin this week – Should you sell or buy?
Bitcoin seen surging to $450,000 — if this halving trend plays out
Cryptocurrencies: The Rebound Of Solana (Sol) Outperforms Bitcoin And Ethereum
CoinShares: Investors withdraw $126m as crypto confidence wanes
April's first two weeks saw more Ethereum loans liquidated than any month since June 2022
Will Bitcoin reach a new ATH in less than 10 days?
Binance adds Ethereum Omni Network project to Launchpool
Last weekend before the halving: What does the price of Bitcoin have in store for us?
Crypto liquidations creep toward $500 million as major token prices plunge
US government tops global Bitcoin holdings with $15b in assets
Cryptocurrencies: This London Mayoral Candidate Proposes Launching A London Coin
With its volatility at its lowest, Bitcoin ready for its next big move? BTC analysis for April 12, 2024
How Bitcoin’s record run could ignite a $2.5bn ‘powder keg’ of short interest
‘Tokenized Hedge Fund’ Rakes in Crypto Billions With 37% Yield
Marathon CEO Says Bitcoin's Upcoming Halving Event is Already Partially Priced In
Cryptocurrencies On Solana: Return To The Niche For Memecoins?
Spot bitcoin ETF cumulative trading volume crosses $200 billion
EU's MiCA Rules Have Had Little Influence on the European Crypto Market, Regulator Says
Monad raises $225M with its Ethereum compatible blockchain
Cardano Slips to 10th Position, Underperforming in a Surging Crypto Market – Market Updates Bitcoin News
Funding for blockchain startups on the rise with the crypto rally
Crypto investors now have better protection
Crypto investment products see record year-to-date inflows of $13.8 billion
Ripple chief sees crypto market doubling in value in 2024
AMF Threatens Bitget: Potential Block in France for Crypto Platform!
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