KuCoin Expands Crypto Payments to Over 100 Swiss SPAR Stores

  • KuCoin's payment arm, KuCoin Pay, is now accepted at over 100 SPAR supermarket locations in Switzerland.
  • The integration is facilitated by DFX.swiss, expanding an existing crypto payment system initially launched in August 2025 with Binance Pay.
  • Customers can make purchases by scanning an OpenCryptoQR code using the KuCoin app, with zero gas fees and instant fiat settlements for merchants.
  • The use of stablecoins for transactions addresses price volatility concerns, reflecting a trend towards their real-world application.
  • Despite competition from TWINT, which dominates the Swiss mobile payment market, Switzerland's favorable regulatory environment supports crypto adoption.
  • KuCoin aims to increase crypto utility and enhance shopping experiences as part of its global expansion strategy.
  • This move aligns with KuCoin's efforts to strengthen its international presence and collaborate within regulated frameworks.