Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

New Ether Treasury Firm ‘ETHZilla’ Emerges With $425M Funding and a DeFi Twist

02/08/2025

Companies holding crypto is only Phase One

02/08/2025

Hong Kong Kicks Off Stablecoin Licensing Regime With Eye on Global Hub

02/08/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Bitcoin Beats Gold as 2025’s Top Asset with $123K Price Breakout

    02/08/2025

    Saylor’s Strategy Bags $31B in Unrealized Profits as Bitcoin Hits $122K

    02/08/2025

    Bitcoin hit a new all-time high of $123,400 on Monday after massive ETF inflows

    02/08/2025

    Bitcoin Price Prediction – BTC Price Estimated to Reach $ 142,085 By Jul 19, 2025

    02/08/2025

    New Ether Treasury Firm ‘ETHZilla’ Emerges With $425M Funding and a DeFi Twist

    02/08/2025

    BitMine Still Ahead Despite SharpLink’s Latest Ether Purchase

    02/08/2025

    SharpLink Gaming Drops $780 Million on Ethereum in July

    02/08/2025

    11,370 ETH Withdrawal Stuns Coinbase: Bullish Signal?

    02/08/2025

    The Sui Ecosystem’s Top 3 Altcoin Performers

    29/07/2025

    Floki Launches $69000 Guerrilla Marketing Challenge With FlokiUltras3

    28/07/2025

    Crypto Beast denies role in Altcoin (ALT) crash rug pull, blames snipers

    28/07/2025

    $1.6 Billion XRP Surge: Here’s What’s Unfolding

    28/07/2025

    how NFTs became a global brand and a Web3 “social currency”

    02/08/2025

    Pixel Vault Removes CEO Following Self-Dealing and Rug Pull Accusations

    02/08/2025

    Labubus have succeeded in every way that NFTs have failed

    01/08/2025

    CryptoPunks Floor Price Hits 3-Year High of $208,000

    31/07/2025

    New Ether Treasury Firm ‘ETHZilla’ Emerges With $425M Funding and a DeFi Twist

    02/08/2025

    Companies holding crypto is only Phase One

    02/08/2025

    Hong Kong Kicks Off Stablecoin Licensing Regime With Eye on Global Hub

    02/08/2025

    Solana DEX volume dips 20% after co-founder slams meme coins

    02/08/2025
  • Blockchain

    Ispolink Joins Forces with ZK Zyra to Bring Zero Knowledge Proofs to AI-Powered Web3 Games

    02/08/2025

    IONOS’ InternetX plans to tokenize 22M domains through Doma Protocol

    01/08/2025

    The Protocol of Agents: Web3’s MCP Potential

    01/08/2025

    EToro Plans to Tokenize U.S. Stocks on Ethereum in Blockchain Push

    01/08/2025

    Circle Wallet’s Strategic Leap for Web3 Developers

    01/08/2025
  • DeFi

    Strobe Finance Launches on Axelar Network to Power DeFi Capabilities, Cross-Chain Interoperability

    02/08/2025

    Chainlink introduces new pricing methodology for DEX-traded assets

    02/08/2025

    Why This DeFi Dip Might Be the Start of a Major Rotation?

    02/08/2025

    Lido cuts staff, Curve rethinks L2s

    02/08/2025

    Alchemy Pay Integrates into Solv Protocol to Bridge Fiat with Bitcoin DeFi

    02/08/2025
  • Metaverse

    Where Has the Metaverse Gone? Examining a Failed (and Costly) Trend

    01/08/2025

    From Metaverse to Machine Learning, Inside Meta’s $72 Billion AI Gamble

    31/07/2025

    AntVerse Integrates Terminus to Transform AI-Powered Metaverse with Web3 Payments

    25/07/2025

    The Sandbox Launches Largest LAND Auction Using GBM Protocol

    21/07/2025

    Elon Musk’s xAI Quietly Fixed Grok by Deleting a Line of Code

    09/07/2025
  • Regulation

    Companies holding crypto is only Phase One

    02/08/2025

    Citadel and SIG-Affiliated Heights Capital Acquire Nearly 20% Stake in Nano Labs

    02/08/2025

    Legendary Economist El-Erian Speaks Out on Fed Chair Jerome Powell’s Resignation! “This Is the Most Logical Solution!”

    02/08/2025

    Will Scott Bessent Replace Powell as Fed Chair? $2.5B Fed Fallout Sparks Speculation

    02/08/2025

    UK Says Crypto Sector Likely Under Reporting Sanction Breaches

    02/08/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Solana DEX volume dips 20% after co-founder slams meme coins

    02/08/2025

    Alchemy Pay Adds Pendle Finance to Fiat On-Ramp for Seamless DeFi Access

    02/08/2025

    Coinbase Announces Plans for a Strong New Push into Cryptocurrencies – Here Are the Details

    02/08/2025

    Coinbase Stock Tumbles 7% After Disappointing Q2 Results

    02/08/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    TaskOn Joins EPHYRA to Elevate AI-Powered Gaming Experience

    02/08/2025

    The Squid Fighter game is taking Telegram by storm — join the fight and claim your NFT before it’s too late!

    01/08/2025

    This Game Lets You Relive the Ethereum Story Through Vitalik Buterin’s Eyes

    31/07/2025

    PEPE GAMES Integrates with GaFin to Power the Meme Gaming Hub

    30/07/2025

    Is solo Bitcoin mining making a comeback?

    02/08/2025

    Bitdeer’s Remarkable 63.1 BTC Weekly Success

    02/08/2025

    Sanctioned nations are secretly mining Bitcoin and the clues are in the hash rate

    02/08/2025

    Bitcoin Mining Profitability Last Month Hit Highest Level Since the Halving: JPMorgan

    01/08/2025

    Hong Kong Kicks Off Stablecoin Licensing Regime With Eye on Global Hub

    02/08/2025

    Michael Saylor joins chorus for clarity as US works to legally define crypto

    02/08/2025

    US Lawmakers Travel to Argentina: Local Crypto Ecosystem Examined

    02/08/2025

    Tim Draper Applauds SEC’s Project Crypto—His All-Bitcoin Vision Nears Reality

    02/08/2025

    New Ether Treasury Firm ‘ETHZilla’ Emerges With $425M Funding and a DeFi Twist

    02/08/2025

    Companies holding crypto is only Phase One

    02/08/2025

    Hong Kong Kicks Off Stablecoin Licensing Regime With Eye on Global Hub

    02/08/2025

    Solana DEX volume dips 20% after co-founder slams meme coins

    02/08/2025
  • MarketCap
NBTC News
Home»Exchanges»Buenos Aires Leads Urban Transit with Blockchain Payment Technologies
Exchanges

Buenos Aires Leads Urban Transit with Blockchain Payment Technologies

NBTCBy NBTC05/12/2024No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


  • Payment system available in 81 subway stations, enabling contactless fare payments via NFC-enabled devices and cards.
  • System supports cards from major crypto exchanges, allowing commuters to pay fares directly with cryptocurrencies.

Buenos Aires has introduced a multipayment platform to its public transportation network, allowing commuters to use debit and credit cards, along with cryptocurrencies like Bitcoin and stablecoins such as USDT and USDC. This initiative, confirmed by Jorge Macri, the head of government for the Autonomous City of Buenos Aires, is now operational in 81 of the 90 subway stations across the city.

The new system enables passengers to pay their subway fares by tapping their debit or credit cards on readers installed at turnstiles. These devices support Near Field Communication (NFC) technology, allowing for contactless payments directly from smartphones. The system is set to expand to include all 31 bus lines in Buenos Aires.

At launch, the platform accepts various credit and debit cards issued by Visa or MasterCard. This includes cards linked to accounts at major Argentine cryptocurrency exchanges such as Belo, Buenbit, Lemon Cash, SatoshiTango, Decrypto, and LB Finanzas. Holders of these cards can use cryptocurrencies to settle their transit fares.

The technology behind the multipayment system operates offline and processes transactions within two seconds. It imposes restrictions such as a maximum of 10 trips per day and four trips per hour per card to manage usage.

This advancement places Buenos Aires at the forefront of integrating cryptocurrency payment solutions into public transport systems, positioning it alongside other global cities like Rio de Janeiro, New York, and Rome.

Jorge Macri discussed the significance of this development on Radio Mitre, emphasizing the reduction of state control in public transport. He noted:

“This move not only enhances convenience but also dismantles the previous state monopoly, fostering competition that makes travel less expensive than before.”

He highlighted that banks are now offering full reimbursements and discounts on travel, providing greater cost savings compared to the traditional SUBE card system.

Furthermore, Macri pointed out the benefits for international visitors, explaining that the previous system required tourists to purchase and load a physical card, a process now simplified by the new system.

As we often report on Crypto New Flash about Argentina, by reducing government exclusivity in public services, the multipayment platform aims to provide a more economical and efficient service, devoid of the need for government subsidies.

Bitcoin (BTC) is currently trading at $95,813 USD, reflecting a minor daily change of -0.05%. Over the past month, BTC has gained 38.19%, marking continued bullish momentum as it consolidates near the critical psychological level of $100,000 USD. Year-to-date, Bitcoin has surged by 126.76%, underscoring its robust performance in the crypto market.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

Solana DEX volume dips 20% after co-founder slams meme coins

02/08/2025

Alchemy Pay Adds Pendle Finance to Fiat On-Ramp for Seamless DeFi Access

02/08/2025

Coinbase Announces Plans for a Strong New Push into Cryptocurrencies – Here Are the Details

02/08/2025

Coinbase Stock Tumbles 7% After Disappointing Q2 Results

02/08/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

New Ether Treasury Firm ‘ETHZilla’ Emerges With $425M Funding and a DeFi Twist

02/08/2025

Companies holding crypto is only Phase One

02/08/2025

Hong Kong Kicks Off Stablecoin Licensing Regime With Eye on Global Hub

02/08/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.