PANews reported on July 2 that according to Cointelegraph, Binance Pay announced that it has partnered with French fintech company Lyzi to enable more than 80 businesses on the French Riviera to accept cryptocurrency payments. The pilot project covers cities such as Cannes, Nice, Antibes and Monaco, and aims to integrate digital assets into the region's luxury tourism and retail economy. Through this partnership, tourists and locals can use stablecoins and other cryptocurrencies to pay in a variety of venues, including hotels, restaurants, beach clubs, luxury retailers and service providers. By scanning the QR code and confirming the transaction, customers can settle their bills immediately without paying gas fees. At the same time, the press release stated that merchants can enjoy the convenience of instant euro settlement through the integration of the system.