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Tether and the city of Lugano, Switzerland, commit to investing 5 million Swiss Francs to promote the second phase of Plan ₿.
Deep Tide TechFlow News, on March 3rd, according to official sources, Tether and the city of Lugano, Switzerland, announced the launch of Phase 2 of Plan ₿ (2026-2030). Both parties committed up to 5 million Swiss francs, mainly for expertise, infrastructure development, application research, and training.
The plan will focus on five main pillars, including building institutional infrastructure for digital asset management, developing Lugano as a digital trade hub, advancing sovereign digital identity systems, nurturing the local AI ecosystem, and implementing distributed urban digital infrastructure.
Over the past four years, Plan ₿ has achieved significant results: more than 400 local merchants accept BTC, USD₮, and LVGA payments; established the PoW.space innovation center; attracted over 100 fintech and blockchain companies; and the Plan ₿ Forum has drawn more than 4,000 participants from over 60 countries.
Lugano Mayor Michele Foletti stated that Lugano chose to lead rather than wait, demonstrating that innovation and institutional responsibility can coexist.