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 | 76.8% | 43 | $70 797.92 | 3.14% | 7.71% | $1 392 367 206 570 | ||
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2 | ETH | Ethereum predictions | 77.2% | 48 | $3 553.00 | 1.38% | 2.40% | $426 614 659 798 | ||
3 | USDT | Tether predictions | 94% | 1 | $0.999927 | 0% | 0.01% | $104 446 524 159 | ||
4 | BNB | Binance Coin predictions | 60% | 80 | $582.13 | 1.97% | 5.20% | $87 049 088 579 | ||
5 | SOL | Solana predictions | 58.4% | 89 | $185.34 | 1.28% | 2.34% | $82 344 276 176 | ||
6 | XRP | XRP predictions | 82.8% | 31 | $0.633595 | 2.99% | -1.68% | $34 774 365 869 | ||
7 | USDC | USD Coin predictions | 90.4% | 2 | $1.000004 | -0.03% | 0% | $32 227 953 113 | ||
8 | DOGE | Dogecoin predictions | 68.4% | 68 | $0.220295 | 18.63% | 44.71% | $31 646 369 118 | ||
9 | ADA | Cardano predictions | 67.2% | 67 | $0.651308 | 1.95% | 3.07% | $23 174 492 989 | ||
10 | AVAX | Avalanche predictions | 61.6% | 88 | $54.39 | 0.97% | 0.76% | $20 527 243 863 | ||
11 | SHIB | SHIBA INU predictions | 55.6% | 94 | $0.000032 | 4.63% | 15.70% | $18 617 414 300 | ||
12 | TON | Toncoin predictions | 60% | 88 | $4.96 | -1.19% | 21.35% | $17 210 985 001 | ||
13 | DOT | Polkadot predictions | 76% | 52 | $9.47 | 0.37% | 2.17% | $13 512 103 853 | ||
14 | LINK | Chainlink predictions | 76.8% | 42 | $19.21 | -0.39% | 3.80% | $11 280 141 182 | ||
15 | BCH | Bitcoin Cash predictions | 67.2% | 60 | $569.78 | 5.77% | 35.59% | $11 214 158 402 |
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