Acceptance of Bitcoin by McDonald’s; Logano has become the center of crypto adoption!

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food chain McDonald’s It plans to accept Bitcoin as its payment method. McDonald’s accepts Bitcoin in the city Logano Switzerland takes place.

Multinational fast food chain McDonald’s has started accepting Bitcoin (BTC) in the 630,000-person city of Lugano in the Italian-speaking region of Switzerland. Logano is becoming Crypto acceptance center It is in Western Europe. McDonald’s global fast food chain is one of the first companies to participate in Lugano’s digital currency pilot project.

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Read more: The future and prediction of Bitcoin price in 2022

McDonald’s accepts Bitcoin

A one-minute video of the process of ordering food at a McDonald’s digital kiosk and paying for it with mobile applications has been published by Bitcoin Magazine on Twitter. The Tether symbol (USDT) can be found on the side Bitcoin symbol He saw credit on the cash machine. The city of Lugano announced in March 2022 that it would accept Bitcoin, Tether and the LVGA token as legal tender.

Acceptance of Bitcoin by McDonald's;  Logano has become the center of crypto adoption!

Logano signed a memorandum of understanding with Tether Operations Limited on March 3, 2022. According to this plan, Tether has created two separate cryptocurrency funds. One of these funds is a $106 million (CHF 100 million) investment pool for crypto startups, and the second is a $3 million (CHF 3 million) fund.

Tether investment funds

With the help of these funds, Tether plans to encourage shops and businesses across the city to widely accept cryptocurrency. In addition to allowing the residents of Lugano to pay their taxes using cryptocurrencies, this project has also made it possible to pay for parking tickets, public services, and student education fees.

it is expected McDonald’s accepts Bitcoin In the future, it will lead to the acceptance of this cryptocurrency in more than 200 stores and businesses in Logano. Speaking to Cointelegraph in June, Paolo Ardoino, CTO of Tether and Bitfinex, claimed that the Tether Operations Limited MOU (aka Plan B) would be successful.

El Salvador In September 2021, it became the first country in the world to accept Bitcoin as legal tender. Since then, McDonald’s has accepted Bitcoin at all 19 of its restaurants in the country.

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Source: cointelegraph

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