Spar’s crypto coup that no one saw coming

-

The old grocery game? It’s changin’, fast. Once upon a time, you’d walk into your local Spar, toss your cash or card, and call it a day.

But now? Spar’s pulling off a move so slick, it’s like they just flipped the script in the middle of the office thriller.

They’re rolling out crypto and stablecoin payments in Switzerland, nationwide. Across 300 stores in the country.

Real-time swaps

So how was it before? Customers stuck to cash, cards, maybe a digital wallet or two. Costs eating away, they’re paying fees left and right. But Spar?

They said, enough of this, and teamed up with Binance Pay and that sharp Swiss fintech crew, DFX.swiss, to make this happen.

Now, over 100 cryptocurrencies and stablecoins can be used in the aisles, no jokes.

The QR codes are your tickets, scanned through Binance Pay, picking your fave token, which DFX then swaps into good old Swiss francs to keep things cool for the store.

It’s live already in 100 stores, stretching out to 300 soon. No firm date for the full rollout, but hey, the momentum’s clear.

And this move might just save merchants up to two-thirds on those annoying card commission fees.

That’s like finding a secret backdoor in the office accounting room. André Scherrer, the big boss over at Spar Switzerland, called it a peek into the so-called smart wallet payment future.

Customers dig it, businesses dig it. Everyone’s happy except maybe the card companies.

Saving cash

And the magic isn’t just in saving cash. These payments are gas-free with instant settlement.

No waiting around, no hassle. Easy, clean, fast. Perfect for today’s hustle, think paying for groceries, but also that hotel booking or even a quick coffee, all with your crypto stash.

Switzerland’s already pretty crypto-friendly, with over a thousand shops accepting Bitcoin, but Spar’s roll-out? It’s sill a big deal.

Thinking about money

The first Spar in Zug back in April, stepped into Bitcoin payments via the Lightning Network.

It looks like that was the warm-up act. Now, the main event is underway, and not just for Spar.

Lugano went full crypto municipal last year, accepting Bitcoin and USDT for city fees, a world first for any city, mind you.

Now everyone knows this is no passing fad. Spar’s crypto play is a big step, shaking the foundations of how we buy, sell, and even think about money in retail. The world is changing.


Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.

András Mészáros
Written by András Mészáros
Cryptocurrency and Web3 expert, founder of Kriptoworld
LinkedIn | X (Twitter) | More articles

With years of experience covering the blockchain space, András delivers insightful reporting on DeFi, tokenization, altcoins, and crypto regulations shaping the digital economy.

📅 Published: August 16, 2025 • 🕓 Last updated: August 16, 2025
✉️ Contact: [email protected]

LATEST POSTS

Tether Eyes a €1B Robotics Deal — A Giant Leap Beyond Stablecoins

Tether seems to be stepping far beyond its stablecoin comfort zone. According to insiders, the USDT issuer is preparing a massive €1 billion investment in...

UFC’s Octagon Just Got a Crypto Makeover: Prediction Markets Crash the Party

Imagine this, you’re glued to your screen, watching two fighters go toe-to-toe in the UFC Octagon. But instead of just yelling at the TV, you’re...

Singapore and Germany Join Forces to Modernize Blockchain Settlements

Singapore and Germany — two major financial powerhouses — have signed a strategic agreement that could reshape how digital assets travel across borders. The Monetary...

It’s Game Over, Bitfarms Quits Bitcoin Mining

Here’s a story straight from the frontlines of tech evolution. Bitfarms, the Bitcoin mining outfit everyone knew for guzzling power and churning out crypto blocks,...
117FollowersFollow

Most Popular

Guest posts