Lugano Integrates Polygon Protocol into MyLugano Payment App for Crypto Transactions In a significant move towards solidifying its position
as Europe’s emerging crypto-capital, Lugano city in the southern Switzerland Ticino region has seamlessly integrated the Polygon proof-of-stake (PoS) protocol into its crypto-friendly payment app, MyLugano.
Polygon, as revealed in a November 22 blog post,
announced the successful integration of its PoS protocol into the MyLugano payment app, enabling Lugano residents to conduct transactions seamlessly
within the broader Polygon ecosystem. According to the announcement,
the updated version of MyLugano introduces a cutting-edge multichain digital wallet for personal custody. The press release indicates that
several tokens have already been integrated into this app section, with plans in place to incorporate more in the future. Lugano has emerged
as a global leader in crypto adoption with MyLugano, developed in collaboration with crypto company Tether, serving a substantial user base of
30,000 individuals, nearly half of the city’s population. This user-friendly app facilitates payments
in digital currencies for local small- to medium-sized traders. The MyLugano app, recognized with the prestigious IEEE Smart City Award,
has enabled over 30,000 users to access a loyalty circuit through LVGA, the city’s proprietary stablecoin. The integration of Polygon PoS not only enhances
MyLugano’s functionality as a local payment tool but also opens doors for users to explore a myriad of decentralized apps within the Polygon network.
