Binance Pay has connected with DK Bank’s domestic QR network, enabling cryptocurrency payments at more than 3,700 merchants across Bhutan. Travelers scan existing merchant codes while transactions settle in USDT through automatic foreign exchange conversion.
Key Takeaways
Binance Pay now works at more than 3,700 DK Bank QR merchants.Users enter prices in BTN while transactions settle in USDT.Customers pay no additional fees through Dec. 31 under a promotion.“Integrating Binance Pay with Bhutan’s domestic QR network shows what real-world crypto adoption looks like when it’s built on infrastructure people already trust.”
USDT Handles Settlement Behind Each QR Payment Bhutan Builds on a Broader Digital Finance StrategyUgyen Tenzin, DK Bank’s country CEO for Bhutan and Gelephu Mindfulness City, said the integration preserves infrastructure that merchants already use:
“We are proud to partner with Binance to bring cutting-edge crypto payment solutions to Bhutan’s merchants and visitors. Integrating Binance Pay with our domestic QR network allows us to enhance the payment experience while maintaining the trusted payment infrastructure already in place.”
“This initiative supports Bhutan’s vision of embracing innovation and providing visitors with modern, seamless payment options,” the executive added.
Eligible transactions include travel, lodging, dining, and retail purchases wherever a DK Bank Domestic QR code is accepted. Binance said customers will pay no additional fees and receive a competitive exchange rate under a promotional offer scheduled to remain available through Dec. 31.
