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Tether and Swiss City of Lugano to Invest Up to $6.3 Million to Expand Bitcoin Initiative

2026-03-04 02:26

Odaily News Tether and the Swiss city of Lugano have committed up to 5 million Swiss francs, approximately $6.3 million, to expand the local Bitcoin initiative, with the goal of establishing Lugano as a digital infrastructure hub.

This initiative builds upon the existing foundation where over 400 merchants already accept Bitcoin and USDT for payments. (CoinDesk)