Tether will jointly invest 5 million Swiss francs with the government of Lugano, Switzerland to promote Phase 2 of Plan ₿

By: rootdata|2026/03/03 17:45:10

In the past four years, Tether has collaborated with the city government of Lugano to promote the acceptance of BTC and USDT payments by over 400 local merchants through Plan ₿, embedding digital assets into everyday commerce and popularizing real-world payments. With Tether's strategic and technical support, Lugano has also introduced digital bond issuance and supports certain municipal digital asset payments, directly integrating blockchain into public financial infrastructure rather than limiting it to private sector use.

Tether and the city of Lugano jointly commit to investing 5 million Swiss francs to advance the second phase of Plan ₿, positioning Lugano as a global digital infrastructure hub. From 2026 to 2030, Tether will provide infrastructure support to grant Lugano long-term digital sovereignty. Measures include building secure digital asset automated management infrastructure, developing Lugano into a hub for digital trade and goods processes, advancing sovereign and privacy-preserving digital identity systems, promoting a local artificial intelligence ecosystem and autonomous digital agents, and implementing distributed, modular, and resilient urban digital infrastructure to support the next generation of DeFi activities.

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