Bybit rolls out QR-code crypto payments at Colombian merchants
- —Users scan a QR code and pay from their Bybit crypto balance
- —Merchants receive the local-currency equivalent, avoiding volatility risk
- —Number of onboarded merchants and fee levels were not disclosed
- —Colombia still lacks a comprehensive crypto assets law
Why it matters: Bybit must compete with fast, free peso payments such as Nequi, Daviplata and Bre-B, so adoption hinges on convenience and cost for merchants.
Source: CriptoTendencias