Las Vegas merchants initiate a Bitcoin payment wave: 11,000 new businesses in one year, with cost advantages as the main reason

Merchants in Las Vegas are accelerating their adoption of Bitcoin payments. According to the latest news, the number of businesses accepting Bitcoin in the city has increased by 53% in 2025, adding over 11,000 new merchants. Behind this phenomenon are merchants’ careful consideration of payment costs and the growing maturity of Bitcoin as a payment tool.

The Real Driving Forces Behind Merchant Adoption of Bitcoin

Cost advantages are the core attraction

The main reason merchants choose to accept Bitcoin payments is straightforward: compared to credit cards, Bitcoin transaction fees are lower. For retail merchants handling a large volume of transactions daily, this results in tangible cost savings. The savings from a single transaction may seem small, but accumulated over time, they represent a significant profit margin.

Convenience of the payment experience

According to relevant information, the process for Bitcoin payments has been greatly simplified—users can complete transactions simply by scanning a QR code. This convenience breaks many people’s stereotypes of cryptocurrency payments as “complex and risky,” bringing the payment experience close to or even better than traditional methods.

Additional security advantages

In addition to cost and convenience, Bitcoin payments also offer higher security. This is attractive to both merchants and consumers, especially in reducing fraud risks.

Market Signals Behind the Data

Indicator Value
Merchant growth rate in 2025 53%
Number of new merchants accepting BTC Over 11,000
Current BTC price $88,894.16
BTC market capitalization $1.78 trillion
Market share 59.13%

A 53% annual growth rate indicates that this is not a scattered phenomenon but a clear trend. Las Vegas, as one of the major business cities in the United States, reflects the rapid implementation of payment applications through the speed at which merchants adopt Bitcoin.

From Investment Asset to Payment Tool

What is noteworthy about this phenomenon is that it marks a subtle shift in Bitcoin’s role. Although Bitcoin is still primarily known as an investment asset (current market cap of $1.78 trillion, market share of 59.13%), more and more merchants are choosing to accept it as a payment method, indicating that its value as a practical transaction tool is being rediscovered.

This shift is not achieved overnight. From technological maturity, user education, to the improvement of payment infrastructure, each step is paving the way for such applications. The case of Las Vegas shows that when cost advantages are significant enough and user experience is friendly enough, merchants and consumers are willing to try new payment methods.

Possible Future Developments

If this trend continues, we may see:

  • More merchants in other cities following Las Vegas’s example
  • Further optimization of payment infrastructure to lower the barriers for merchants
  • Increased consumer acceptance of cryptocurrency payments
  • The application of stablecoins and other crypto assets in payment scenarios

However, it should be noted that Bitcoin’s price remains volatile (down 1.20% in the past 24 hours), which still constrains its widespread use in payment scenarios. The future development of the payment ecosystem may rely more on stablecoins and other assets with lower volatility.

Summary

The acceleration of Bitcoin payment acceptance among merchants in Las Vegas reflects three realities: first, payment technology is sufficiently mature; second, cost advantages are clear; third, merchants’ attitudes toward new payment methods are changing. This not only demonstrates the practical application of Bitcoin but also signals the gradual improvement of the entire cryptocurrency payment ecosystem. The key question is no longer “Can Bitcoin be used for payments?” but rather “When will the payment ecosystem achieve large-scale adoption?”

BTC0.18%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)