Providenciales, Turks and Caicos Islands — Crypto is taking another step into everyday life. KuCoin Pay, the payments arm of global exchange KuCoin, has teamed up with Swiss provider DFX.swiss to roll out a new payment integration at more than 100 SPAR stores across Switzerland.
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The partnership plugs KuCoin Pay into DFX.swiss’s OpenCryptoQR system, enabling shoppers to settle their grocery bills with stablecoins and other cryptocurrencies. For users, the process is as simple as scanning a QR code in the KuCoin app; for merchants, settlements happen instantly in fiat—no conversion headaches, no exposure to crypto volatility.
Why It Matters
This integration turns digital assets from speculative investments into practical payment tools. With zero gas fees, instant merchant settlements, and lower commission costs than traditional payment rails, the collaboration highlights crypto’s growing efficiency as a real-world medium of exchange.
Raymond Ngai, Lead at KuCoin Pay, emphasized the bigger picture:
“At KuCoin Pay, we are committed to making crypto part of daily life. By partnering with DFX.swiss, we’re not just enabling payments—we’re reshaping the way 41 million KuCoin users can interact with traditional retail.”
Raymond Ngai, Lead at KuCoin Pay
For DFX.swiss, the partnership represents a key milestone in its mission to normalize crypto spending.
“With KuCoin Pay, we’re creating a simple, compliant, and global-ready gateway for everyday digital payments. This is an important step towards a future where crypto is as common as card or cash.”
Cyrill Thommen, Founder & CEO of DFX.swiss
Expanding the Crypto–Fiat Bridge
The SPAR rollout is just the beginning. KuCoin Pay is already active in sectors ranging from e-commerce and travel bookings to gaming, coupons, and gift cards. Its recent on-chain payment solution complements existing off-chain services, bringing decentralized flexibility alongside compliance-first reliability.
By focusing on ease of use, regulatory alignment, and merchant-friendly economics, KuCoin Pay is carving a path toward mainstream adoption of crypto as a payments standard—not just in Switzerland, but worldwide.