Gucci to begin accepting crypto payments
Fashion giant Gucci will accept the price of the products through cryptocurrency. This order has been given to various showrooms in the United States from Gucci.
Cryptocurrencies are being discussed around the world. The number of investors is increasing by leaps and bounds. The investment is in millions of US dollars. A large portion of international market investors believe cryptocurrency is the future currency. In future, cryptocurrencies will play a central role in everything from citizens buying and selling goods to business transactions.
A step forward in that direction is the popular fashion giant company Gucci. Through their tweets, they said that from now on they will accept payments through cryptocurrency. Gucci will accept more than ten cryptocurrencies for payments. These include Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Wrapped Bitcoin (wBTC), Litecoin (LTC), Shiba Inu (SHIB), Dogecoin (DOGE) and five stablecoins pegged to the US dollar. Gucci customers can enjoy this facility in different showrooms in US.
Incidentally, Gucci's announcement is significant for several reasons. Gucci's announcement brought to the fore the idea of cryptocurrency among the largest companies in the United States and the world. It is clear that companies in the future will turn to financial transactions based on cryptocurrencies. Various companies may in the future conduct transactions based on cryptocurrencies.