{"id":137571,"date":"2024-09-20T19:30:50","date_gmt":"2024-09-20T16:30:50","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=137571"},"modified":"2024-09-20T12:56:02","modified_gmt":"2024-09-20T09:56:02","slug":"this-us-state-now-accepts-bitcoin-and-usdc-for-payments","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/this-us-state-now-accepts-bitcoin-and-usdc-for-payments\/","title":{"rendered":"This US State Now Accepts Bitcoin and USDC for Payments"},"content":{"rendered":"<p>Louisiana State Treasurer John Fleming <strong><a href=\"https:\/\/www.treasury.la.gov\/_files\/ugd\/92c97e_ee5334e5115b4bada9445f8c345665ed.pdf\" rel=\"nofollow\">announced<\/a><\/strong> that residents can now use Bitcoin (<strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">BTC<\/a><\/strong>), the Bitcoin Lightning Network, and the stablecoin <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/usd-coin\/\">USDC<\/a><\/strong> for various state transactions.<\/p>\n<p>The state\u2019s first crypto payment was processed for a fine to the Louisiana Department of Wildlife and Fisheries via the Bitcoin Lightning Network. This move follows a collaboration with Bead Pay and local partners to modernize payment systems and cut down on fraud.<\/p>\n<p>Fleming highlighted that while the state will accept cryptocurrencies, the funds will be converted into U.S. dollars to avoid volatility and address previous concerns. He stressed that the initiative is about embracing new technologies to offer citizens more flexibility.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-137523\" href=\"https:\/\/cryptodnes.bg\/en\/commerzbank-introduces-bitcoin-and-ethereum-trading-for-corporate-clients\/\" title=\"Commerzbank Introduces Bitcoin and Ethereum Trading for Corporate Clients\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/12\/coin_Bitcoin-Ethereum-2-big-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Commerzbank Introduces Bitcoin and Ethereum Trading for Corporate Clients<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>This is not Louisiana\u2019s first foray into crypto. Republican State Rep. Mark Wright, a long-time advocate, supported this move and had previously established a digital assets working group in 2022. Wright had also led efforts to commend Bitcoin\u2019s anonymous creator in 2021.<\/p>\n<p>Louisiana joins a growing list of states exploring cryptocurrency integration. Ohio and Florida have made efforts in the past, with mixed results. Colorado and Utah have also introduced bills to accept crypto for tax payments, while California is leveraging blockchain technology for record-keeping.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Louisiana has become the latest U.S. state to accept cryptocurrency payments for state services.<\/p>\n","protected":false},"author":3,"featured_media":113165,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24,27],"tags":[72,424,71],"coin_category":[],"class_list":["post-137571","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","category-bitcoin","tag-bitcoin","tag-crypto","tag-stablecoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>This US State Now Accepts Bitcoin and USDC for 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