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

Kazakhstan and Alatau Join Forces to Advance Crypto Adoption with Binance Payment

27/04/2026

Bitcoin CME Gap Signals Potential Move Near 67K

27/04/2026

It’s “Game Over” Once XRP Bootstraps Native DEX with Deep Liquidity: Validator

27/04/2026
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 CME Gap Signals Potential Move Near 67K

    27/04/2026

    Analysis Company Comments on the Recent Rise in Bitcoin (BTC) and Altcoins! Will it Continue or is it Temporary?

    27/04/2026

    Chinese CEO Warns! “The Danger in Bitcoin is Great, But Rushing Would Be the Worst Choice!”

    27/04/2026

    Bitcoin climbs above $70,000 as more contrarian bottoming signs emerge

    27/04/2026

    Whale Shorts Rise at Key Support

    27/04/2026

    Ethereum Faces ‘Moment Of Truth’ As Price Eyes $2,450 Resistance – Breakout Loading?

    27/04/2026

    ETH Coin Targets $2,500 as Bulls Defend a Strong Support

    27/04/2026

    Ethereum Near Key Zone After 36% Gain – What’s Next?

    26/04/2026

    It’s “Game Over” Once XRP Bootstraps Native DEX with Deep Liquidity: Validator

    27/04/2026

    XRP Should Return to Its Original Vision, Not Serve as a ‘Banking Tool’ for Institutions – Crypto CEO

    27/04/2026

    SHIB Community Abuzz, Stunned by Shytoshi Kusama’s New X Location

    27/04/2026

    Ripple CTO Emeritus Challenges ‘No-Freeze’ Stablecoin Idea, What Are Risks?

    27/04/2026

    Pudgy Penguins, BAYC rally masks a shrinking NFT market as volumes and users fall

    27/04/2026

    Top NFT Sales of the Week, Flying Tulip on Top

    27/04/2026

    Cardano NFT Marketplace Announces Permanent Closure, Shocking ADA Community

    24/04/2026

    Bored Ape Yacht Club turns five today and nobody seems to care

    23/04/2026

    Kazakhstan and Alatau Join Forces to Advance Crypto Adoption with Binance Payment

    27/04/2026

    Bitcoin CME Gap Signals Potential Move Near 67K

    27/04/2026

    It’s “Game Over” Once XRP Bootstraps Native DEX with Deep Liquidity: Validator

    27/04/2026

    Bybit CEO says firms need other licenses to turn a profit in Europe

    27/04/2026
  • Blockchain

    Kaiko Taps ISDA to Fortify Digital Asset Derivatives Infrastructure for Institutions

    27/04/2026

    Bridgetower Uses Chainlink for Asset Tokenization

    27/04/2026

    Chainlink platform is now available on the AWS Marketplace

    27/04/2026

    Conflux Network Forms Strategic Collaboration With Catto Verse To Enhance Cross-Chain Decentralized Application Using AI Capabilities

    27/04/2026

    UXLINK Partners With Beatcoin to Turn On-Chain Behavior Into Economic Value

    27/04/2026
  • DeFi

    Solana Prepares to Help Aave in Its Time of Need – They Have Made an Official Announcement

    27/04/2026

    Why DeFi isn’t dead despite massive exploits and $13 billion investor exodus

    27/04/2026

    Aave raises nearly 80% of the $200 million it needs to cover bad debt left by Kelp DAO exploit

    27/04/2026

    XPower Finance Partners With Blazpay To Unlock Cross-Chain Yield Access Across DeFi Applications

    27/04/2026

    Babylon Deposits $3M USDT Into Aave to Boost DeFi Recovery Push

    27/04/2026
  • Metaverse

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

    18/04/2026

    Planet Hares Partners With Magne.AI To Bridge Web3 Metaverse With Smartphone Mobile-Ready Applications For Mass Adoption

    08/04/2026

    Mark Zuckerberg’s Meta launches new AI initiative after metaverse retreat

    25/03/2026

    Meta partners with Arm to develop new CPUs for AI deployments

    24/03/2026

    Land values capitulate as $24M metaverse plot collapses to just $9,000

    20/03/2026
  • Regulation

    Crypto Exchange Cuts 30% Workforce After $582M Loss

    27/04/2026

    Eightco Boosts OpenAI Investment After BitMine’s Tom Lee Joins Board

    27/04/2026

    Electric Capital Maps 501 Real-World Yield Sources, Finds 93% Untouched by DeFi

    27/04/2026

    Crypto firms cut jobs as bear market and AI shift bite

    27/04/2026

    Debate Over? Ripple Exec Lists Four Institutional Insights for Finance

    27/04/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Kazakhstan and Alatau Join Forces to Advance Crypto Adoption with Binance Payment

    27/04/2026

    Bybit CEO says firms need other licenses to turn a profit in Europe

    27/04/2026

    USD.AI Launches CHIP Token On ApeX’s DEX, Enabling Institutional GPU-Backed Credit Access to DeFi Investors

    27/04/2026

    Binance to address Kenyans’ frustrations over account freezes at the request of Kenyan law enforcement authorities

    27/04/2026

    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

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    Tomoland Partners With Anome Protocol To Advance Web3 Gaming Engagement With DeFi Applications

    25/04/2026

    GameFi is effectively dead as 93% of projects collapse

    23/04/2026

    More than 90% of Web3 games failed after $15 billion boom as gamers never showed up: Caladan

    23/04/2026

    UXLINK Taps ANOME Protocol to Redefine Web3 Gaming, SocialFi, and NFTFi

    23/04/2026

    Luxor expands MicroBT partnership with $100 million mining rig deal

    27/04/2026

    Miners Beat Bitcoin by 70% in 2026 as Terawulf Locks $12.8B in AI Contracts

    27/04/2026

    Olenox Announces Merge With CS Digital to Develop Low Cost, Off-Grid Bitcoin Mining Opportunities

    26/04/2026

    Bitdeer Sells All 185.7 BTC Mined This Week, Extending Zero-Holding Strategy

    25/04/2026

    Matt Mahan: California’s spending has risen 75% with no improved outcomes, bureaucratic inefficiencies are paralyzing governance, and San Jose’s tax-free strategies are reducing crime and homelessness

    27/04/2026

    Rebecca Rettig: Regulatory clarity is essential for crypto growth, the proposed bill is the largest since Dodd-Frank, and the White House is actively pushing for legislation

    27/04/2026

    Mark Warner: Government and society are unprepared for AI advancements, rising unemployment among recent graduates, and the urgent need for regulatory action

    27/04/2026

    UK invites crypto giant Bybit to London to win over some of UAE’s innovation shine

    26/04/2026

    Kazakhstan and Alatau Join Forces to Advance Crypto Adoption with Binance Payment

    27/04/2026

    Bitcoin CME Gap Signals Potential Move Near 67K

    27/04/2026

    It’s “Game Over” Once XRP Bootstraps Native DEX with Deep Liquidity: Validator

    27/04/2026

    Bybit CEO says firms need other licenses to turn a profit in Europe

    27/04/2026
  • 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

Related Posts

Kazakhstan and Alatau Join Forces to Advance Crypto Adoption with Binance Payment

27/04/2026

Bybit CEO says firms need other licenses to turn a profit in Europe

27/04/2026

USD.AI Launches CHIP Token On ApeX’s DEX, Enabling Institutional GPU-Backed Credit Access to DeFi Investors

27/04/2026

Binance to address Kenyans’ frustrations over account freezes at the request of Kenyan law enforcement authorities

27/04/2026
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

Kazakhstan and Alatau Join Forces to Advance Crypto Adoption with Binance Payment

27/04/2026

Bitcoin CME Gap Signals Potential Move Near 67K

27/04/2026

It’s “Game Over” Once XRP Bootstraps Native DEX with Deep Liquidity: Validator

27/04/2026
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.