Binance Pay Lights Up French Riviera: 80+ Merchants Now Take Stablecoins Instantly
2025-07-03 00:18:07
Main Idea
Binance Pay partners with French fintech Lyzi to enable crypto payments at over 80 merchants in the French Riviera, supported by regulatory clarity from MiCA.
Key Points
1. Binance Pay and Lyzi have expanded crypto payments to 80+ merchants in Cannes, Nice, Antibes, and Monaco, including luxury hotels and retail stores.
2. Over 100 cryptocurrencies are supported, with merchants receiving euros to avoid crypto market volatility.
3. The initiative includes a promotion offering rewards in EURI, a regulated euro-backed stablecoin, for eligible users.
4. The expansion is facilitated by the Markets in Crypto-Assets (MiCA) regulation, providing a harmonized framework across the EU.
5. Major global exchanges like Binance, OKX, and Coinbase have secured licenses under MiCA, enhancing market stability and adoption.
Description
Crypto adoption has reached the French Riviera, with more than 80 merchants across the area now accepting stablecoins and cryptocurrency payments, following a new partnership between Binance Pay and French fintech firm Lyzi. The initiative, which spans cities including Cannes, Nice, Antibes, and Monaco, marks one of the most expansive real-world deployments of crypto payments in a European luxury destination to date. JUST IN: Binance Pay partners with French fintech Lyzi to bring crypto payments...
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