In a move that positions Detroit as a burgeoning hub for technological innovation, the city announced plans to accept cryptocurrency payments for taxes and fees starting in mid-2025. This initiative will make Detroit the largest U.

The payments would be handled by PayPal, which would accept the cryptocurrency, then convert it to regular U.S. dollars for the city. That approach would shield Detroit from the risk of wild fluctuations in the value of such digital currencies, city Treasurer Nikhil Patel said in a phone interview.

Once available, Detroit will be the largest city in America to accept bitcoin and other cryptocurrency as payment.