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Binance Powers Crypto Spending in France’s Most Glamorous Cities

  • Binance has enabled crypto spending in luxury destinations like Cannes, Monaco, Nice, and Antibes in France, aimed at integrating digital assets into the region's tourism economy.
  • Customers can now pay using stablecoins and cryptocurrencies by scanning a QR code, with instant transaction settlement and no gas fees, while merchants receive immediate euro payouts.
  • Cannes is leading this shift, with the city's mayor urging local merchants to embrace crypto as part of a broader Web3 initiative to stay relevant in the evolving market.
  • Major hotels, beach clubs, luxury retailers, and fitness centers have already adopted the system, with a promotion offering customers €5 in EURI for spending at least €20 in crypto. This move aligns with a global trend towards crypto-enabled tourism.

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