Binance Pay Brings Crypto Payments to French Riviera

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Table of Contents

  • Binance Pay and Lyzi bring crypto payments to 80+ Riviera businesses
  • QR-based payments support stablecoins and offer instant euro settlement
  • Cannes leads the local push for crypto integration in luxury retail

Crypto payments just got a serious upgrade on one of Europe’s most iconic coastlines.

This week, Binance Pay partnered with French fintech Lyzi to activate crypto payment infrastructure across the French Riviera—stretching from Cannes to Monaco, through Nice and Antibes. Over 80 businesses are now onboard.

The focus here isn’t mass adoption in big cities—it’s targeted integration into high-value tourism zones. We’re talking luxury retailers, beach clubs, hotels, restaurants—the core of Côte d’Azur’s premium economy.

This is what the Cannes Mayor said on LinkedIn:

The type of places where high-net-worth tourists already spend big. Now they can do it in crypto.

The system is built for real-world use. Customers pay with stablecoins or other digital assets by scanning a QR code, and settlements are instant—with no gas fees. For merchants, it’s just as smooth.

They receive immediate euro payouts, bypassing volatility risk entirely. The backend converts in real-time, and the user experience doesn’t skip a beat.

What’s interesting is how local governments are backing this. Cannes in particular is leaning into the Web3 angle, actively pushing businesses to start accepting crypto as part of a broader future-facing strategy.

This isn’t just fintech pushing adoption—it’s public-private alignment. And that’s rare.

This rollout isn’t trying to onboard the masses. It’s going after a niche that’s already ready: crypto-native tourists, high spenders, and merchants in places where digital payments are already seamless. In this context, crypto isn’t a rebellion—it’s a premium option.

If this works—and it’s looking like it might—it sets a model for other luxury regions across Europe. One step at a time, but this one’s well-placed.

Disclaimer: The content provided in this article is for informational and educational purposes only and does not constitute financial, investment, or trading advice. Any actions you take based on the information provided are solely at your own risk. We are not responsible for any financial losses, damages, or consequences resulting from your use of this content. Always conduct your own research and consult a qualified financial advisor before making any investment decisions. Read more

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Francesco

My name is Francesco, I am a funded trader and I have a deep passion for forex, cryptocurrencies, and trading as a whole. I feel lucky, that I am able combine my skills with what I love. I'm very interested in factors driving price movements and enjoy uncovering the reasons behind them. My primary interests include Bitcoin, Altcoins, macroeconomics, and all related to trading.

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