Polygon (MATIC) announced that it is the official blockchain platform of Lugano, Switzerland. The project will help develop the city’s blockchain infrastructure.
Tether (USDT) announced yesterday that the city of Lugano declared Bitcoin (BTC), Tether (USDT) and the city’s token LVGA as official currency.
The city with a population of 62 thousand will have the opportunity to pay their taxes using the above cryptos.
Lugano follows in the footsteps of El Salvador, which officially recognized Bitcoin last year. However, the country had partnered with Algorand to help build infrastructure.