Luxury Retail Brand Gucci has reportedly introduced cryptocurrency payments to some stores operating in North America.
What happened: Gucci plans to accept 10 cryptocurrencies including Bitcoin BTC/USD and ether ETH/USDas well as meme-based Dogecoins DOGE/USD and Shiba Inu SHIB/USDas an in-store form of payment starting later this month, according to Vogue Business.
See also: How to Buy Bitcoin (BTC)
The first Gucci stores to accept cryptocurrencies will be those on Wooster Street in New York, Rodeo Drive in Los Angeles, the Miami Design District, Phipps Plaza in Atlanta and The Shops at Crystals in Las Vegas, according to Vogue.
Benzinga reached out to Gucci for confirmation, but at press time received no response — outside of business hours.
Gucci plans to expand the pilot to all directly operated stores in the country, adding that customers can make payments with their digital wallet by scanning a QR code, according to the report.
Why it matters: That Dry SAobsessedPPRUY The luxury retailer had previously launched a collection that updated existing NFTs with new clothes. It has also targeted the metaverse and included a plot of virtual land The sandbox SANDS/USD in February.
See also: HOW TO INVEST IN THE METAVERSE
Over the past year, a number of large retailers across various industries have accepted crypto as a form of payment. Large chain of theaters in March AMC Entertainment Holdings Inc. AMC Started accepting DOGE and SHIB for online movie ticket purchase.
Price promotion: According to data from Benzinga Pro, the leading digital asset bitcoin traded at $39,600, up 4.5% in the 24-hour period.
Learn Crypto Trading, Yield Farms, Income strategies and more at CrytoAnswers
https://nov.link/cryptoanswers
Comments are closed.