Spar: Switzerland’s Grocery Giant Embraces Crypto Cash – But Will It Last?

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In the frost-kissed valleys of Switzerland, where the cows graze and the crypto dreams are made of, Spar-yes, the humble grocery giant-has dared to embrace the digital gold. With a flourish of QR codes and a wink to the future, they’ve declared their stores a crypto haven. One might say, “At last, the proletariat can buy bread with Bitcoin!” 🚀

Partnering with Binance Pay and the ever-chic DFX.swiss, Spar now lets patrons pay with over 100 cryptocurrencies and stablecoins. A Thursday announcement, shared with CryptoMoon, declared this a “revolution.” If only Marx had a crypto wallet. 🤷♂️

The service, already live in 100 stores, will “expand to the remaining locations in coming months.” A Spar spokesperson, ever the optimist, added that the full rollout has “no confirmed timeline.” Because nothing says “trust” like a grocery store’s version of Russian roulette. 🎲

This marks Switzerland’s first nationwide crypto rollout in retail. Perhaps the cows will next start trading Ethereum for grass. 🐄💼

While the rollout across 300 Swiss stores is scheduled for the “coming months,” the spokesperson for DFX.swiss-ever the poet-told CryptoMoon that the full network rollout has “no confirmed timeline.” Because nothing says “reliable” like a grocery chain’s roadmap. 🕒

Crypto Payments: A Two-Thirds Commission Rescue (Or a Marketing Mirage?)

André Scherrer, Spar Switzerland’s managing director, claims crypto payments save merchants two-thirds of card fees. A bold claim, if one ignores the gas fees and the existential dread of holding volatile assets. Still, it’s a “smart wallet solution” for a “smart future,” as if the future is just a QR code away. 📱

These payments, gas-free and settled in Swiss francs (or other currencies if you ask nicely), are processed via DFX.swiss. Customers need only scan a QR code with the Binance Pay App and choose their token. The system then converts it to CHF for Spar. A dance of decentralization and fiat, performed with the grace of a confused squirrel. 🐿️

Switzerland, the crypto utopia of Europe, now boasts over 1,000 shops accepting Bitcoin. Perhaps next, the Alps will be tokenized. 🏔️

This follows Spar Zug’s Bitcoin experiment via the Lightning Network-April 18, to be precise. A small step for a grocery store, a giant leap for crypto-kind. 🚀

In 2023, Lugano, the Swiss city of “progress,” began accepting Bitcoin and USDT for municipal fees. A world first, they said. Now, Spar adds its name to the list. Perhaps the next step is crypto-fueled fondue. 🧀

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2025-08-14 15:26