Detroit will soon become the largest US city to accept cryptocurrency payments, according to officials.
Residents will be able to pay for fees using crypto through a secure platform managed by PayPal.
The initiative makes it easier for Detroit residents to transact with the City and marks Detroit’s commitment to welcoming blockchain and technology entrepreneurs who want to make a difference in the city, the city said in a news release.
“Detroit is building a technology-friendly environment that empowers residents and entrepreneurs, said Detroit Mayor Mike Duggan. “We are excited to be one of the first major U.S. cities to explore blockchains civic applications and allow residents to use their cryptocurrency as a payment option.”
The payment option will become available in mid 2025 along with additional improvements to city payment services.
