Cooperating With Polygon (MATIC), This Swiss Tourism City Increases Crypto Adoption

Lugano expands the reach of crypto payments using the Polygon network. (Photo; Doc. Cryptotimes)

JAKARTA Lugano, Switzerland's leading tourist destination city has integrated its crypto payment application on the Polygon network. This step strengthens Lugano's position in accelerating crypto adoption through the MyLugano payment application. Previously, Lugano collaborated with USDT stablecoin publisher Tether to support crypto payments.

In its announcement on November 22, 2023, Polygon stated that the crypto-friendly city, Lugano, has upgraded the MyLugano development platform to the Proof-of-Stake (PoS) Polygon network. This is intended so that the payment platform is more accessible to the European people.

Currently, the MyLugano payment application has served more than 30,000 users in the city. The integration of the MyLugano application allows users to access various decentralized applications (dApp) on the Polygon network.

In the official announcement, the latest version of MyLugano has added "asset selection" that allows users to enable and manage multi-chain digital wallets for personal storage.

Lugano has won the prestigious IEE Smart City Award, making it the most celebrated city with innovative technology projects. In addition, the local payment app MyLugano also partnered with The DFINITY Foundation in September to support Chain-Key Bitcoin (ckBTC), a multi-chain Bitcoin "bland" running on the Internet Computer (ICP) blockchain.

With this addition, MyLugano's payment platform expands its offerings, providing users with more opportunities to buy goods and transact with various crypto assets.