In late 2025, reports indicate that SPAR Switzerland has expanded its cryptocurrency payment options to include XRP. This development is part of a broader rollout of digital currency support across its retail network in partnership with payment providers.
-Key Details of SPAR Adoption-
Retail Integration: SPAR Switzerland is reportedly accepting XRP at over 300 stores nationwide.
Payment Infrastructure: The system utilizes a QR-based payment solution powered by DFX.swiss and is supported by Binance Pay.
Cost Efficiency: The transition to crypto payments is intended to reduce merchant transaction fees by up to two-thirds compared to traditional card networks.
Verification Status: While several crypto news outlets and social platforms reported this in late December 2025, some analysts note a lack of direct official statements from SPAR executives, urging caution until primary confirmation is widely available.
-Flare (FLR) Token Context-
Utility: Flare (FLR) is a blockchain designed to bring smart contract functionality to networks like the XRP Ledger.
Claiming & Liquidity: Eligible XRP holders who participated in the original 2020 snapshot can continue to receive FlareDrops.
Strategy: Some users swap FLR back to XRP to increase their total XRP holdings, though this involves standard market risks and the potential for price volatility in both assets.