The City of Miami, located in Florida, U. S. , recently made public their bid to introduce cryptocurrency MiamiCoin. According to several news sources in the U. S, MiamiCoin is scheduled for launch this month, and it will fund ongoing and future City projects. origin »
Miami City has shared plans to debut a cryptocurrency this summer to help drum up additional funding for local projects.
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The use of cash is dwindling. Back in 2011, over 50% of transactions in the US involved cash. This number has decreased to 28% in 10 years. The Covid 19 pandemic has raised cashless transitions further as more people adopt contactless payments.