Tether and Lugano
Tether is set to take on a significant role in Lugano’s municipal blockchain by becoming a validator.
In an exciting development, Tether has revealed an enhanced collaboration with the Swiss city of Lugano. Under this collaboration, Tether will establish a validating node for the city’s 3Achain blockchain, which plays a pivotal role in supporting Lugano’s official stablecoin, LVGA.
This partnership’s roots date back to 2022 when Tether and Lugano entered into a memorandum of cooperation, marking the inception of the ambitious Plan ₿ initiative. The primary objective of this initiative is to expedite the adoption of blockchain technology and bitcoin within the city, ultimately reshaping Lugano’s financial infrastructure.Tether
