KuCoin Pay Launches Stablecoin Payments at 100+ SPAR Stores

Published: 2025-09-18 23:57:49 |

KuCoin Pay has partnered with Swiss fintech DFX.swiss to roll out stablecoin and crypto payments at over 100 SPAR supermarkets in Switzerland. Using DFX.swiss’s OpenCryptoQR system, customers scan a QR code in the KuCoin app to pay in USDC and other cryptocurrencies with no gas fees, while merchants enjoy instant fiat settlements and lower transaction fees than traditional cards. The non-custodial model ensures users maintain control of their funds. Fully compliant with Swiss regulations and benefiting from a favorable tax environment, this rollout builds on KuCoin Pay’s earlier crypto payments infrastructure and aligns with its global strategy to integrate digital assets into retail, travel, e-commerce, gaming, and gift cards, enhancing real-world utility for blockchain payments.

Neutral

While this initiative significantly expands USDC’s transaction volume and real-world use cases, driving adoption, it does not affect its USD peg. Therefore, the price impact on USDC remains neutral in both the short and long term. The integration may boost stablecoin utility and network activity, but as a regulated stablecoin, USDC’s price stability ensures neutral market reaction.