The American multinational fast food chain McDonald’s has started accepting payments in Bitcoin and Tether in Switzerland’s city of Lugana, populated by around 63,000 people. The announcement comes in a tweet by Bitcoin magazine on October 3. And it posted a video in which a customer ordered food using McDonald’s kiosk and paid for it using a digital wallet app on mobile. The credit card machine used to scan the QR code to proceed with payment was labeled with Bitcoin and Tether.
Although cryptocurrency’s low prices have shaken the spirit of many, crypto adoption, on the other hand, continues to gain more ground, undermining the market downtrends. Like El Salvador’s move to give Bitcoin a legal tender, it’s Lugana city of Switzerland, based on Italian-speaking residents, to become the latest hotspot for crypto adoption in Western Europe.
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