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

Bitcoin Adopted by Wikileaks 15 Years Ago: How It Happened

08/08/2026

Aster’s USDF Stablecoin Now Yields Up to 15.30% APY: How It Works

08/08/2026

Ethereum Foundation opens role for AI security researcher

08/08/2026
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 Adopted by Wikileaks 15 Years Ago: How It Happened

    08/08/2026

    Is Bitcoin Price Bottoming or Building for a Deeper Drop to $30,000?

    08/08/2026

    Traders Bet $16.4M on Bitcoin Staying Below $75K Through June — Here’s the Full Breakdown

    08/08/2026

    Bitcoin Price Reclaims $65,000 With Conviction—Is A Bigger Rally Next?

    07/08/2026

    Ethereum Foundation opens role for AI security researcher

    08/08/2026

    Can It Get There Before Month Close?

    08/08/2026

    Ethereum leverage climbs to 0.65 – Can ETH avoid a liquidation cascade?

    08/08/2026

    U.S. Spot Ethereum ETFs See $11.9M Net Outflow as BlackRock Staking Fund Bucks Trend

    06/08/2026

    Can LTC Ride Institutional Momentum to New Highs?

    08/08/2026

    World Enters ‘Phase 3,’ Extends Proof of Human to AI Agents

    08/08/2026

    Shiba Inu (SHIB) Team Says Experiment Continues Amid Price Surge

    08/08/2026

    Why Did the Shiba Inu (SHIB) Price Suddenly Spike? What Will Happen Next?

    07/08/2026

    Rarible launches on Solana with Claynosaurz NFTs

    07/08/2026

    An actual NFT success story? Tascha Labs’ shattered diamond

    06/08/2026

    NFT startup founder charged with misusing funds from $10 million fundraising

    06/08/2026

    What Happens to Your Attendance NFTs?

    04/08/2026

    Bitcoin Adopted by Wikileaks 15 Years Ago: How It Happened

    08/08/2026

    Aster’s USDF Stablecoin Now Yields Up to 15.30% APY: How It Works

    08/08/2026

    Ethereum Foundation opens role for AI security researcher

    08/08/2026

    $1,000 invested in SpaceX stock one month ago is now worth

    08/08/2026
  • Blockchain

    Ondo Finance holds largest tokenized ETF issuer spot as Binance closes gap

    07/08/2026

    World Chain to deploy streamed EIP-7928 block access lists

    07/08/2026

    xStocks Holders Gain Voting Rights via Broadridge and Payward

    07/08/2026

    Quantum risk blockchain exposure hits five weak points — Starknet already fixes two

    07/08/2026

    Kinexys lands its first Qatari Islamic bank as Dukhan Bank goes live

    07/08/2026
  • DeFi

    Aster’s USDF Stablecoin Now Yields Up to 15.30% APY: How It Works

    08/08/2026

    Uniswap-Backed Launchpad Pools.trade Makes Strong Debut on Robinhood Chain

    07/08/2026

    RWA deposits triple to $7.4B despite DeFi slump: CoinShares

    07/08/2026

    How Uniswap’s fee switch could change the economics of DeFi governance tokens

    07/08/2026

    Aave and Uniswap push OKX’s X Layer DeFi to record levels

    07/08/2026
  • Metaverse

    Is Solana Gaming Back? Kintara Activity Fuels Renewed Optimism in Onchain MMOs

    24/06/2026

    The Sandbox launches AI game engine ‘The Sandbox Studio’ for next-generation creators

    10/06/2026

    Meta commits $13M in funding for Oversight Board through 2028

    29/05/2026

    Why Animoca’s Yat Siu says the future is 100 billion AI agents

    07/05/2026

    ‘8,000 Jobs’—Polymarket Sees Tech Layoff Surge As Meta AI Push Bites

    18/04/2026
  • Regulation

    $1,000 invested in SpaceX stock one month ago is now worth

    08/08/2026

    Big Win for SHIB? Japan’s Crypto Reforms Open New Doors

    08/08/2026

    Hong Kong builds a gold and yuan network that sidesteps dollar stablecoins

    08/08/2026

    IMF highlights stablecoin risks in fixed exchange rate economies

    07/08/2026

    Robert Kiyosaki Warns Trust-Based Assets Will Be Destroyed in Next Financial Crash

    07/08/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Does iPhone 16 Pro Support NFC for Crypto Payments?

    08/08/2026

    BitMEX delists 65 trading pairs, derivatives in July amid exchange shutdown

    08/08/2026

    Binance flags ACX, LSK and STX as possible delisting risks

    08/08/2026

    Bitcoin Exchange Binance Announces Adding Three Altcoins to its Risky Asset List! Here Are Those Altcoins

    07/08/2026

    ICO market slows sharply with only six completions in 2026

    30/04/2026

    South Korea Poised to Lift Ban on Domestic ICOs After 7 Years

    19/12/2025

    Why 2025’s Token Boom Looks Both Familiar and Dangerous

    31/10/2025

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

    22/01/2025

    How BC.GAME is turning players into stakeholders

    04/08/2026

    YGG Play Shuts Down Services as Yield Guild Pivots to AI Data

    01/08/2026

    why gameplay now beats crypto rewards

    29/07/2026

    From NFT gaming to mining simulators

    29/07/2026

    MARA swings to Q2 loss as Bitcoin’s slump masks higher output

    07/08/2026

    CleanSpark misses Wall Street revenue estimates as shares sink

    07/08/2026

    IREN’s $625 million AI bet creates a $476 million stock overhang

    07/08/2026

    Bitcoin miners’ AI pivot loses Wall Street’s wow factor

    07/08/2026

    Cardano Founder Agrees With Elizabeth Warren, Says Trump Should Stay Out of Crypto

    08/08/2026

    Crypto India Moves Closer to Regulation as Finance Panel Backs Industry SROs

    08/08/2026

    South Korea Panel Recommends Easing Crypto Firm Shareholder Rules, Paving Way for Naver-Dunamu Deal

    08/08/2026

    MiCA Is Not Only for Crypto. It Will Also Decide Prediction Markets’ European Future

    07/08/2026

    Bitcoin Adopted by Wikileaks 15 Years Ago: How It Happened

    08/08/2026

    Aster’s USDF Stablecoin Now Yields Up to 15.30% APY: How It Works

    08/08/2026

    Ethereum Foundation opens role for AI security researcher

    08/08/2026

    $1,000 invested in SpaceX stock one month ago is now worth

    08/08/2026
  • MarketCap
NBTC News
Home»Exchanges»ICP Now Accepted at 137 Swiss Supermarkets. Here’s How It Actually Works
Exchanges

ICP Now Accepted at 137 Swiss Supermarkets. Here’s How It Actually Works

NBTCBy NBTC01/04/2026No Comments5 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


Internet Computer Protocol ($ICP) and ckBTC are now accepted as payment methods at more than 137 SPAR supermarkets across Switzerland, serving a customer base of 1.4 million people. The integration, carried out by Swiss crypto payment specialist DFX through the OpenCryptoPay platform, went live this month.

137+ Swiss supermarkets. 1.4M customers. $ICP accepted at checkout.@DFX_Swiss just integrated $ICP and ckBTC into OpenCryptoPay across SPAR Switzerland.

Pay for your groceries with $ICP – no banks, no card networks.
Prefer to use Bitcoin? Pay with ckBTC for the smoothest Bitcoin… pic.twitter.com/RC30Ae3BGH

— DFINITY Foundation (@dfinity) March 26, 2026

How Does Crypto Payment Work At SPAR Switzerland?

The payment process works through a QR code displayed at the checkout. A customer scans the code with their mobile device, approves the transaction through their crypto wallet, and the payment completes within seconds. DFX receives the crypto from the customer and immediately pays the equivalent amount in Swiss francs directly to SPAR, meaning the retailer never holds crypto on its books.

The system supports over 30 different crypto wallets and is designed to feel as familiar as existing mobile payment tools.

As André Scherrer, Managing Director of SPAR Switzerland, stated: “For customers, payment is just as intuitive as TWINT or Apple Pay. That’s important, so payments with crypto truly become suitable for daily life.”

What Is ckBTC?

ckBTC (chain-key Bitcoin) is a Bitcoin-backed token that runs natively on the Internet Computer blockchain. Unlike wrapped Bitcoin products on other chains, ckBTC does not rely on bridges or third-party custodians. It is minted and redeemed directly on the $ICP network using chain-key cryptography, which is a method that lets $ICP smart contracts hold and sign transactions on external blockchains. This makes it faster and cheaper to use than bridged Bitcoin alternatives.

Why Did SPAR Switzerland Choose Crypto Payments?

The decision came from SPAR Handels AG in 2024, driven partly by a desire to reduce dependence on major payment acquirers. Traditional point-of-sale (POS) payments involve card networks and payment service providers (PSPs), each taking a cut of every transaction.

Crypto payments cut out those intermediaries. DFX charges a transaction fee of just 0.20%, which is significantly lower than standard PSP fees in retail.

Scherrer explained:

“I’m convinced that cryptocurrencies are going to become much more significant as a payment method in retail over the next few years, also because they make retailers less dependent on the major acquirers.”

How Back-Office Processing Works

One of the practical challenges of crypto payments at retail scale is accounting reconciliation. SPAR addressed this by working with Matchbox, a software solution from Swiss firm treibauf that SPAR already used for financial reconciliation.

Matchbox was extended to handle crypto as a new payment type. It automatically matches crypto payment data from the POS with the transaction list from DFX, including the 0.20% fee, and posts everything to SPAR’s internal accounts without manual intervention.

Cyril Thommen, CEO of DFX, described the goal as:

“A set-up that’s so simple, everyone can operate it intuitively. That goes for the payment process at the cash register just as much as processing the crypto payments in the back office.”

What Is The Broader Context For $ICP Right Now?

The SPAR rollout adds real-world transaction volume to the Internet Computer network at a time when the DFINITY Foundation is actively trying to increase on-chain usage as part of its economic strategy.

In January 2026, DFINITY founder Dominic Williams published a white paper titled “Mission 70 and Accelerating the Internet Computer Economy.” The document outlines a plan to reduce $ICP token inflation by at least 70% by the end of 2026, bringing it down from 9.72% in January 2026 to 2.92% by year-end.

The strategy has two parts:

  • Supply-side reductions (targeting a 44% drop): lower voting rewards, a revised dissolve-delay bonus structure, reduced rewards for older Gen-1 node hardware, and a cap on the total voting reward pool.
  • Demand-side acceleration (targeting a 26% drop): more $ICP burned through higher network usage, which is where real-world integrations like the SPAR rollout directly contribute.

What Is $ICP Inflation And Why Does It Matter?

$ICP, like many proof-of-stake networks, mints new tokens to reward participants who lock up their holdings to vote on governance proposals and to pay node providers who run the network’s infrastructure. When the network was launched at genesis in May 2021, these rewards were set high to attract early participants who faced long lockup periods with limited liquidity.

DFINITY’s position is that those incentives are no longer necessary at the same level, and that continuing to mint at the current rate dilutes existing holders without adding proportionate value to the network. Mission 70 is the structured response to that imbalance.

Conclusion

$ICP is now accepted at over 137 SPAR Switzerland locations, with near-zero fees, no bridging infrastructure, and automated back-office reconciliation built in from day one. The integration covers both $ICP and ckBTC, using chain-key technology to settle transactions natively on the Internet Computer without custodians or wrapped token intermediaries.

At the network level, DFINITY is working to cut $ICP inflation by more than 70% before the end of 2026, with increased real-world usage forming a direct part of that economic equation.

  1. Dfinity Foundation on X: Post on March 26

  2. Report by Digital Watch Observatory: Spar Switzerland expands crypto payments across its mobile app

  3. Research paper authored by Dominic Williams, Founder and Chief Scientist at the DFINITY Foundation: Mission 70 and Accelerating the Internet Computer Economy


Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

Related Posts

Does iPhone 16 Pro Support NFC for Crypto Payments?

08/08/2026

BitMEX delists 65 trading pairs, derivatives in July amid exchange shutdown

08/08/2026

Binance flags ACX, LSK and STX as possible delisting risks

08/08/2026

Bitcoin Exchange Binance Announces Adding Three Altcoins to its Risky Asset List! Here Are Those Altcoins

07/08/2026
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

Bitcoin Adopted by Wikileaks 15 Years Ago: How It Happened

08/08/2026

Aster’s USDF Stablecoin Now Yields Up to 15.30% APY: How It Works

08/08/2026

Ethereum Foundation opens role for AI security researcher

08/08/2026
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.