Tether, the largest stablecoin in the cryptocurrency market, has announced that it has released a special “Plan B” for Switzerland’s ninth largest city. Sharing the new partnership on Twitter, Tether plans to transform Lugano into the “crypto capital of Europe”.
Every city needs a plan. Join Lugano’s Plan ₿”
According to a statement from stablecoin leader Tether, he looks forward to revolutionizing the financial industry in the city by transforming its economic system and introducing blockchain.
It is not yet clear how the stablecoin company plans to do this, but it is stated that it will release more details in March.
The crypto and Bitcoin space is not new to Lugano, the Swiss city of 69k. So much so that in November, Lugano announced the launch of a Blockchain network connected by the city’s own Ethereum Blockchain network.
The newly introduced Blockchain network based on the proof-of-authority consensus algorithm was working on open source technology.
Read full story on Top Trend Coins