USDT stablecoin issuer Tether is planning to transform Lugano, the ninth-largest city of Switzerland, into the crypto capital of Europe. Announcing the news via a tweet issued Monday, Tether said it has partnered with The City of Lugano to revolutionize the financial sector of the city with the help of stablecoins and Bitcoin. While not much was revealed in the post, Tether attached an invitation card to a press conference, titled ‘Lugano’s Plan B,’ scheduled to be held on March 3, 2022. Speakers of the press conference include Michele Foletti, the Mayor of Lugano, and Paolo Ardoino, the CTO of Tether. “Every city needs a plan. Join Lugano’s Plan ₿,” the post read.
This is not the first time the city of Lugano has revealed itself to be crypto-friendly. Back in November last year, Lugano declared itself to be a blockchain and crypto-friendly city and announced plans to release its own blockchain, an Ethereum-based open-source blockchain with a Proof-of-Authority consensus algorithm.
At the time, the city mayor noted: “We have always followed the development of new technologies very closely and we have identified blockchain as a topic of great interest for both multinational and local companies, citizens and businesses. We believe that a city must be at the service of citizens and with these initiatives we intend to place Lugano as a top-level player on the international scene, for all applications related to this technology.”
# | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
1 | BTC | Bitcoin predictions | 88% | 13 | $61 301.91 | 0.67% | -4.00% | $1 207 494 725 216 | ||
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2 | ETH | Ethereum predictions | 88% | 18 | $2 931.01 | 0.53% | -6.38% | $352 047 138 752 | ||
3 | USDT | Tether predictions | 90.8% | 1 | $0.999498 | -0.02% | -0.06% | $110 784 359 561 | ||
4 | BNB | Binance Coin predictions | 90% | 15 | $595.16 | 0.43% | 0.98% | $87 838 511 745 | ||
5 | SOL | Solana predictions | 83.2% | 29 | $143.50 | -1.54% | -1.14% | $64 366 410 037 | ||
6 | USDC | USD Coin predictions | 95.2% | 1 | $0.999907 | 0% | 0% | $33 126 096 161 | ||
7 | XRP | XRP predictions | 88.4% | 13 | $0.499534 | -1.27% | -5.59% | $27 653 809 821 | ||
8 | TON | Toncoin predictions | 76.8% | 50 | $6.93 | 1.11% | 16.98% | $24 073 983 636 | ||
9 | DOGE | Dogecoin predictions | 78.8% | 32 | $0.140919 | -1.77% | -12.04% | $20 329 756 664 | ||
10 | ADA | Cardano predictions | 84.8% | 16 | $0.436794 | -0.59% | -4.52% | $15 578 438 600 | ||
11 | SHIB | SHIBA INU predictions | 77.6% | 44 | $0.000022 | -1.03% | -9.20% | $13 151 063 511 | ||
12 | AVAX | Avalanche predictions | 79.6% | 31 | $33.22 | -1.04% | -11.16% | $12 674 801 724 | ||
13 | TRX | TRON predictions | 78.8% | 31 | $0.127204 | 0.43% | 5.32% | $11 127 888 369 | ||
14 | WTRX | Wrapped TRON predictions | 81.6% | 31 | $0.126791 | 0.23% | 4.62% | $11 091 744 284 | ||
15 | STETH | Lido stETH predictions | 92.8% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |
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