The Plan ₿ initiative in Lugano was launched in 2022 in collaboration with Tether to establish a decentralized financial infrastructure. The program aims to facilitate cryptocurrency payments and promote broader adoption of digital finance in the local economy.

By building a payments ecosystem around crypto assets, Plan ₿ seeks to boost local commerce and provide residents with easier access to digital finance. The collaboration with Tether anchors the project with a stable framework, supporting smoother on-ramps and off-ramps.

The Lugano project underscores the city’s commitment to innovative financial infrastructure and its potential to influence crypto-enabled commerce in the region. It highlights rising interest in decentralized finance initiatives across Europe.

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