More than 320 million people around the world already use cryptocurrencies. Well-known brands and services are trying to meet the growing need and are introducing crypto payments for their customers.
In August, Gucci expanded its list of supported digital assets with ApeCoin, and luxury resort chain Soneva began accepting the major coin at its facilities in the Maldives and Thailand. Oxford City has become the first non-league football club to integrate cryptocurrency to pay for matches.
In Argentina, citizens can already use a card created by Binance and MasterCard to settle transactions at merchants via cryptocurrencies. And Australians can now buy fuel and other goods using their digital assets at 175 On The Run locations.
Big brands like Balenciaga and Tag Heuer have joined the ranks of companies like Microsoft, PlayStation, AT&T, and Subway to embrace cryptocurrency, and this is good news for the industry.