diff --git a/.github/pull_request_template.md b/.github/pull_request_template.md
index 982478ace..302f30d83 100644
--- a/.github/pull_request_template.md
+++ b/.github/pull_request_template.md
@@ -3,7 +3,7 @@
 - [x] The [milestone-delivery-template.md](https://github.com/w3f/Grant-Milestone-Delivery/blob/master/deliveries/milestone-delivery-template.md) has been copied and updated.
 - [ ] This pull request is being made by the same account as the accepted application.
 - [ ] I have disclosed any and all sources of reused code in the submitted repositories and have done my due diligence to meet its license requirements.
-- [ ] In case of acceptance, an invoice must be submitted and the payment will be transferred to the BTC/ETH/fiat account provided in the application.
+- [ ] In case of acceptance, an invoice must be submitted and the payment will be transferred to the Polkadot/fiat account provided in the application.
 - [ ] The delivery is according to the [Guidelines for Milestone Deliverables](https://grants.web3.foundation/docs/Support%20Docs/milestone-deliverables-guidelines).
 
 Link to the application pull request: https://github.com/w3f/Grants-Program/pull/XXX < please fill this in with the PR number of your application.
diff --git a/README.md b/README.md
index d86e0a44b..aed18f463 100644
--- a/README.md
+++ b/README.md
@@ -30,7 +30,7 @@ The milestone delivery process is part of the [W3F Grants Program](https://githu
 3. **Milestone Payment:**
    1. After the milestone is approved and the pull request merged, fill out the [invoice form](https://forms.gle/LSRr7PCjBpEbKGh89).
    1. The [operations team](https://grants.web3.foundation/docs/Introduction/team#w3f-operations-team) receives a notification once the invoice is submitted. Payments are usually processed within 14 days.
-   2. Payment is made to the bank account or Bitcoin, Polkadot, Kusama or Ethereum address specified in the initial application. The exchange rate for BTC depends on the time of payment.
+   2. Payment is made to the bank account or Polkadot address specified in the initial application.
 
 Grant applications can be [amended](https://grants.web3.foundation/docs/Process/changes) at any time. However, this _necessitates a reevaluation by the committee_. If your application has been accepted and, during development, you find that your project significantly deviates from the original specification, please open a new pull request that modifies the existing application.