Several companies in a plethora of industries across mainstream spaces also accept crypto payments made in tokens like Bitcoin and Ethereum as well as in stablecoins such as USDT and USDC. Back in February 2022, the company announced that car owners will be able to charge their Tesla’s at the Santa Monica Supercharger station and pay in Dogecoin. Notably, Telsa continues to accept Dogecoin as a payment method for some merchandise and services on its website. However, Telsa later halted BTC payments after Musk cited concerns over the crypto’s energy usage, particularly regarding miners.Īt the time, Elon Musk said Telsa will resume Bitcoin transactions after miners adopt clean energy for at least 50% of their operations. Earlier in March 2021, CEO Elon Musk revealed that the company had plans to accept Bitcoin. Dogecoin, Bitcoin, ETH, and Other Cryptos Gain Payment Adoption in Mainstream IndustriesĮlectric car giant Tesla is also known to accept payments made in digital assets. Notably, Jeffy Wyler accepts payments in 12 digital currencies across in 23 dealerships in America. On Wednesday, a buyer from Saudi Arabia purchased a certified used 2021 Mercedes Benz vehicle from the Jeff Wyler Automotive Family dealership using Ether (ETH). More Car dealerships have also started onboarding digital asset payments in a bid to expand their customer base and keep up with trends. Giants like BMW have reportedly leveraged distributed ledger technology (DLT) to solve supply chain issues. As of the time of writing the report, Bitcoin alone already covers approximately 50% of the transactions handled by the crypto exchange.Ĭryptocurrency and blockchain technology are increasingly popular in the automobile scene, per several reports. The news marks another milestone in the race for mainstream blockchain-powered payment adoption as Towson is the sole dealership in Baltimore that offers an inventory dedicated only to Porsche cars.Īlso, the partnership could facilitate an increase in BitPay’s trading volumes since Towson offers both brand new and second-hand automobiles. Learn more: #Porsche #crypto #bitcoin #doge #shib /Yj3yO3iIyK- BitPay April 19, 2022 Now accepting Crypto as payment for vehicle purchases. The certification courses offered by Blockchain Council are the best in the market as they help students to garner detailed subjective as well as practical knowledge about the industry against a minimum fee charge.Turn your #crypto into precious metal at Porsche Towson. Looking for a good certification on blockchain technology and cryptocurrencies? Then the Blockchain Council has something amazing for you. Shiba Inu also followed the same trend as the DOGE coin and became immensely popular amongst the young investors. The token rose to its all-time high figures recently. DOGE coin became quite popular amongst the Millennials soon after getting promoted by Tesla chief, Elon Musk. Where the global industrial and financial space came to a standstill during the pandemic, cryptocurrencies like Bitcoin climbed up the price charts dramatically. The AMC stock went up by 4% on Monday, however, it remained low by over 30% year to date.Ĭryptocurrencies have gained wide scale popularity amid the plummeting economic conditions across the globe. The company then promised the users to bring DOGE onboard soon. Earlier in November, the firm started accepting payments in Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH), and Litecoin (LTC). The users will be able to do online payments on the official website through BitPay starting from March 19 whereas the service will go live on the mobile app from April 16 or before that. The CEO of AMC Theaters, Adam Aron released an official Twitter post on February 18, 2022, informing about the details of the new partnership with the BitPay portal. Certified Virtual Reality (VR) Developer™.Certified Augmented Reality (AR) Developer™.Certified Augmented Reality (AR) Expert™.
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