Bhutan, in collaboration with Binance Pay and DK Bank, has released the first national level of tourism payment worldwide today. Himalayan Kingdom now allows travelers to pay for almost every aspect of their journey using crypto.
From flights to hotel stays and fruit visa fees next to the road, tourists can conveniently pay with their crypto wallets in Bhutan. The Binance Pay-Bhutan Partnership is now supporting more than 100 merchants nationwide.
Travelers can scan QR codes using the Binance app to complete real time transactions. Payments are accepted in 100+ cryptocurrencies, including BTC, BNB, and USDC. The DK Bank organizes every payment immediately to Bhutan's local currency, making it seamless for traders and tourists.
Crypto carries digital access to remote Bhutan communities
More than a comfort for tourists, The new crypto tourism system payment system Opens new doors for local vendors. Small businesses in remote villages without traditional card payment infrastructure can now receive crypto payments with only one phone.
Damcho Rinzin, director of the Department of Tourism, called Binance Pay Bhutan Partnership “A commitment to change, companionship, and comfort.” The system also removes cross-border payment friction, with gas fees and hopeless on international card networks.
Moreover, the model is likely to set a precedent for more systems worldwide, which potentially boost the use of use for cryptocurrencies.
Binance Pay and DK Bank Power A National-Scale Model
This crypto tourism system shows how crypto can be moved rather than money, and it can connect cultures and economies. Binance CEO Richard Teng said the Binance Pay Bhutan partnership sets a global precedent for how crypto can improve the level of travel experiences.
The DK Bank is the first completely digital bank of Bhutan, and it is fully licensed and ensures that the repairs will be handled locally. Along with Binance Pay, they built a working Binance Pay Bhutan collaboration that was fully integrated and had a positive impact on the national tourism sector.
Meanwhile, as Binance expands of real-world cryptos using tourism cases, the investor's confidence in its token continues to grow. Standard Chartered today predicts BNB may be more than double in 2025. This may be caused by ETF filing and AI integration activities.
Coingape staff
Coingape is made up of a skilled team of native content writers and editors working throughout the clock to cover news worldwide and show the news as a reality rather than an opinion. Coingape writers and journalists contributed to this article.
Denial: The displayed content may include personal opinion of the set and subject to market condition. Do your market research before investing in cryptocurrencies. The set or the publication does not hold any responsibility for your personal financial loss.
✓ Share: