The Union Square Holiday Market in New York City is embracing cryptocurrency this winter by allowing stablecoin payments. According to the results published in the material, this innovative move aims to enhance the shopping experience for visitors during the bustling holiday season.
Urbanspace Mobile App Introduces USDC Payments
Shoppers can now use the Urbanspace mobile app to make payments in USDC, a stablecoin pegged to the US dollar, through select vendors at the market. This payment system operates on the Avalanche blockchain, ensuring quick and efficient transactions for both customers and vendors.
Pilot Program Details
The pilot program, which runs until December 24, is designed to provide a seamless shopping experience while offering vendors faster access to their earnings. As the holiday season approaches, this initiative reflects a growing trend of integrating cryptocurrency into everyday transactions. It caters to the evolving preferences of consumers.
In a related development, Polymarket has launched its new iOS app, enhancing accessibility and regulatory compliance in the prediction market space. For more details, visit read more.
