Tether and the city of Lugano, Switzerland, will invest up to $6.3 million to expand the Bitcoin program.

Mars Finance reports that, according to CoinDesk, Tether and the city of Lugano, Switzerland, have committed up to 5 million Swiss francs (approximately $6.3 million) to expand its Bitcoin initiative, aiming to make Lugano a global digital infrastructure hub. The plan builds on the existing foundation of over 400 merchants accepting Bitcoin and USDT payments.

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