Brazilian Hospital Will Accept Crypto Pay

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Source: Manassanant/Adobe

A hospital in the Brazilian state of Rio Grande do Sul has become the first in the country to accept crypto-payment.

According to Brazilian media Livecoins, the hospital in question is the Rolante Hospital Foundation (FHR), a large general hospital in the municipality of Rolante.

FHR is the oldest hospital in the municipality.

FHR patients will now be able to use crypto to pay medical bills, pay for outpatient treatment, and purchase medication.

The municipality has around 22,000 inhabitants, but has already become something of a hotspot for crypto adoption: The outlet noted that some 120 merchants and service providers in the municipality accept Bitcoin (BTC) and other payments cryptoassets.

The outlet claimed that Rolante has become the “biggest center for crypto adoption in Brazil.”

He noted that hotels, tourism businesses and hang-gliding businesses in the municipality already accept a range of tokens, including BTC.

An Instagram reel from the BTC advocate account bitcoinea, which showcased a range of Bitcoin usage scenarios in Brazil.

And the outlet noted that Rolante is less than 100 kilometers from the state capital, Porto Alegre, which last year added Bitcoin Pizza Day to its municipal calendar.

Bitcoin ATMs in Latin America. (Source: CoinATM Radar)

A map showing the location of Bitcoin ATMs in Latin America.

BTC and Altcoin Advocates active in Brazil

A number of BTC advocates have become active in the state and have reportedly launched “initiatives” aimed at “boosting the use of Bitcoin in Rio Grande do Sul.”

“Several” of them aim to “promote the [token] as a means of payment in commerce.

A map showing the parts of the world with the highest crypto-related activity, with darker shades indicating high rates of activity. (Source: CoinMap)

Earlier this month, bank card issuers claimed there had been an increase in Latin American customers using crypto to pay at stores in the region.

Some believe that a prolonged rise in inflation in the region has greatly helped the cause of local crypto advocates.

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