Bhutan is leading the way in the future of travel by introducing a national-level crypto payment system for tourism, making it the first country to do so. This initiative allows travelers with Binance accounts to enjoy cashless journeys through a collaboration with Binance Pay and Bhutan's fully digital DK Bank. Over 100 merchants are now equipped to accept Binance Pay, providing tourists with a seamless, secure, and flexible payment experience for virtually every aspect of their trip.

Visitors can use Binance Pay to cover a wide range of expenses, including airline tickets, tourist visas, the Sustainable Development Fee (SDF), hotel bookings, tour guides, monument entry fees, and local shopping. All transactions are settled quickly and securely via static and dynamic QR code payments, supporting more than 100 cryptocurrencies, including BNB, BTC, and USDC. The system features encrypted transactions, 2FA, and real-time confirmations through the Binance application, ensuring security and transparency.

This innovative model not only enhances the travel experience but also empowers local communities by enabling even small vendors in remote areas to accept QR code payments. DK Bank, Bhutan's first fully digital bank, powers the local settlement mechanism, bringing modern technology and accessible financial services to all segments of society. The initiative also lowers transaction fees compared to traditional payment methods, with zero gas fees.

Richard Teng, CEO of Binance, emphasized the partnership's role in advancing cryptocurrency use in travel and setting a precedent for technology to bridge cultures and economies. Damcho Rinzin, Director of the Department of Tourism, Bhutan, highlighted the commitment to innovation, inclusion, and convenience that the payment solution represents.

Binance Pay is a secure cryptocurrency payment feature on the Binance app that supports over 300 cryptocurrencies and caters to more than 40 million active users and 32,000 merchants worldwide. Trusted by over 270 million users across 100+ countries, Binance is the world's largest cryptocurrency exchange by trading volume and registered users. The Department of Tourism of Bhutan aims to promote sustainable tourism, sharing the Kingdom's unique experiences with conscious travelers, guided by principles of high-value, low-volume tourism.