Tether will partner with the Municipality of Lugano, Switzerland, to jointly contribute 5 million Swiss Francs to advance the Plan ? Phase 2 project and establish a global digital hub.

March 3rd: Over the past four years, Tether has partnered with Lugano’s municipal government to get more than 400 local merchants on board to accept BTC and USDT payments via Plan ₿. This effort has embedded digital assets into daily business transactions and boosted their real-world utility. With strategic and technical support from Tether, Lugano has also launched digital bond issuances and enabled municipal digital asset payments—integrating blockchain directly into public fiscal infrastructure, not just limiting it to the private sector. Tether and Lugano’s government have jointly committed 5 million Swiss Francs to advance Plan ₿ Phase II, positioning Lugano as a global digital infrastructure hub. From 2026 to 2030, Tether will provide infrastructure support to grant Lugano long-term digital sovereignty. Key measures include: - Building secure, automated digital asset management infrastructure - Developing Lugano into a hub for digital trade and commodity flows - Advancing sovereign, privacy-preserving digital identity systems - Fostering the local AI ecosystem and autonomous digital agents - Implementing distributed, modular, and resilient urban digital infrastructure to support the next generation of DeFi activities.