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.