Rio Embraces Crypto Revolution: Tourists Can Now Pay with Bitcoin via Bybit and Tether
Rio de Janeiro is flipping the script on traditional tourism payments—just as regulators finally figure out how to tax beachside caipirinhas.
The Crypto Beachfront Boom
Bybit and Tether’s expansion turns Copacabana into a blockchain hotspot. No more fumbling with cash—just scan, pay, and soak up the sun.
Why This Matters
Merchants win with instant settlements. Tourists dodge forex fees. And local banks? Suddenly very interested in ‘understanding decentralized finance.’
The Fine Print
Volatility warnings apply. That R$50 coconut water might cost R$75 by the time your transaction clears—unless you’re using USDT, the ‘stable’ coin that’s seen more pegs than a Rio bikini shop.
One thing’s certain: when even Christ the Redeemer starts accepting crypto tips, the bull market’s back.