Louisiana State Government Begins Accepting Cryptocurrency Payments

Odaily Odaily News: The Louisiana government has begun accepting cryptocurrency payments, making it the latest state in the United States to adopt digital currency for government services. Louisiana Treasurer John Fleming announced earlier this week that residents can now use a variety of digital assets to pay for various state services. Residents can now use Bitcoin (BTC), Bitcoin Lightning Network, and the dollar-pegged stablecoin USDC for payments. The state said its first cryptocurrency payment has been completed, a fine paid to the Louisiana Department of Wildlife and Fisheries via the Bitcoin Lightning Network. Although the state accepts cryptocurrencies as a payment method, the funds received will be converted into US dollars. (Decrypt)