CityPay
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🤑 #Tether invests further in CityPay
#CityPay plans to launch an e-wallet and card and aiming for 500,000+ crypto payment points.
”Our first collaboration yielded exciting results," said @Tether USDT CEO, Paolo Ardoino.
#TetherUpdate #CryptoWallet #TrendingTopic
#CityPay plans to launch an e-wallet and card and aiming for 500,000+ crypto payment points.
”Our first collaboration yielded exciting results," said @Tether USDT CEO, Paolo Ardoino.
#TetherUpdate #CryptoWallet #TrendingTopic
Tether Partnership with CityPay.io Strengthens Eastern Europe's Crypto Scene. 🤝💸👀
In a move to deepen its involvement in Eastern Europe's burgeoning cryptocurrency market, Tether, a leading stablecoin provider, has announced additional funding for CityPay.io, a Georgian crypto payment platform. This investment follows Tether's initial backing of CityPay.io in 2023, reaffirming its dedication to the platform's growth.
CityPay.io facilitates the use of cryptocurrencies such as Bitcoin for transactions at various businesses, including popular chains like Wendy’s and Radisson Hotels. This move aims to enhance convenience and accessibility for crypto enthusiasts across Eastern Europe, with a particular focus on countries like Georgia, Armenia, Azerbaijan, Kazakhstan, and Uzbekistan.
With over 600 service points already established in Georgia alone, CityPay.io is poised for further expansion. Plans include the introduction of e-wallet and card solutions within the next two years, along with the ambitious goal of setting up more than 500,000 cryptocurrency payment points across the region.
Paolo Ardoino, CEO of Tether, expressed optimism about the partnership, citing previous successes in expanding cryptocurrency adoption in Georgia. This collaboration also underscores Georgia's supportive stance towards cryptocurrency initiatives, with CityPay.io actively engaging with governmental bodies in the country. A memorandum of understanding signed with Tether in June 2023 focuses on developing Bitcoin and peer-to-peer payment infrastructures within Georgia.
Georgia's reputation as a crypto-friendly hub continues to grow, with major firms like Binance establishing a presence and the proliferation of Bitcoin ATMs in cities like Tbilisi. This collaboration between Tether and CityPay.io not only reflects the increasing adoption of cryptocurrencies but also highlights the potential for further innovation and integration within Eastern Europe's evolving crypto landscape.
#Tether #Georgia #CityPay #PaoloArdoino
In a move to deepen its involvement in Eastern Europe's burgeoning cryptocurrency market, Tether, a leading stablecoin provider, has announced additional funding for CityPay.io, a Georgian crypto payment platform. This investment follows Tether's initial backing of CityPay.io in 2023, reaffirming its dedication to the platform's growth.
CityPay.io facilitates the use of cryptocurrencies such as Bitcoin for transactions at various businesses, including popular chains like Wendy’s and Radisson Hotels. This move aims to enhance convenience and accessibility for crypto enthusiasts across Eastern Europe, with a particular focus on countries like Georgia, Armenia, Azerbaijan, Kazakhstan, and Uzbekistan.
With over 600 service points already established in Georgia alone, CityPay.io is poised for further expansion. Plans include the introduction of e-wallet and card solutions within the next two years, along with the ambitious goal of setting up more than 500,000 cryptocurrency payment points across the region.
Paolo Ardoino, CEO of Tether, expressed optimism about the partnership, citing previous successes in expanding cryptocurrency adoption in Georgia. This collaboration also underscores Georgia's supportive stance towards cryptocurrency initiatives, with CityPay.io actively engaging with governmental bodies in the country. A memorandum of understanding signed with Tether in June 2023 focuses on developing Bitcoin and peer-to-peer payment infrastructures within Georgia.
Georgia's reputation as a crypto-friendly hub continues to grow, with major firms like Binance establishing a presence and the proliferation of Bitcoin ATMs in cities like Tbilisi. This collaboration between Tether and CityPay.io not only reflects the increasing adoption of cryptocurrencies but also highlights the potential for further innovation and integration within Eastern Europe's evolving crypto landscape.
#Tether #Georgia #CityPay #PaoloArdoino
Crypto News : Radisson Hotel Now Accepting Cryptocurrency Payments
Radisson Hotel, a well-known global hotel group, has announced that it will begin accepting shiba inu (SHIB), bitcoin (BTC), and ethereum (ETH) for reservations at its Georgian branch.
The move comes in the wake of #Elon Musk's recent Twitter logo change to #DOGE , which has reignited interest in meme tokens. Crypto users can now settle their hotel bills with SHIB, BTC, and ETH through Binance Pay, and the news was shared by Binance's official Twitter account.
This partnership was made possible by the recent collaboration between Binance and CityPay, a payment service provider that offers a range of payment processing solutions for businesses of all sizes. #CityPay expressed enthusiasm about the partnership, echoing Binance's announcement.
The impact of this partnership goes beyond Radisson Hotel's walls. Over 600 merchant stores in Georgia that use CityPay's integration will also accept #ShibaINU and other supported digital assets, setting the stage for greater acceptance of #Cryptocurrencies in the region.
This widespread adoption could inspire other businesses to follow suit. Binance added a Georgian hub to its map in March, and Binance Pay has been forging partnerships to enable payments in SHIB and its 70+ supported assets since November.
The move comes in the wake of #Elon Musk's recent Twitter logo change to #DOGE , which has reignited interest in meme tokens. Crypto users can now settle their hotel bills with SHIB, BTC, and ETH through Binance Pay, and the news was shared by Binance's official Twitter account.
This partnership was made possible by the recent collaboration between Binance and CityPay, a payment service provider that offers a range of payment processing solutions for businesses of all sizes. #CityPay expressed enthusiasm about the partnership, echoing Binance's announcement.
The impact of this partnership goes beyond Radisson Hotel's walls. Over 600 merchant stores in Georgia that use CityPay's integration will also accept #ShibaINU and other supported digital assets, setting the stage for greater acceptance of #Cryptocurrencies in the region.
This widespread adoption could inspire other businesses to follow suit. Binance added a Georgian hub to its map in March, and Binance Pay has been forging partnerships to enable payments in SHIB and its 70+ supported assets since November.
