Crypto Blog
Ferrari, the Italian luxury car manufacturer, is now accepting cryptocurrency payments, including Bitcoin , Ethereum , and USD Coin for its products.
Ferrari has partnered with BitPay as the payment processor, and this move is seen as a positive development for cryptocurrency adoption, although it may not significantly impact the market during bearish periods.of Ferarri’s clients are invested in cryptocurrencies. As a result, the company decided to accept crypto payments after a number of requests from clients and dealers:
Galliera assured customers looking to part with their crypto for a Ferarri that they will not have to pay more to use cryptocurrency for their purchase:Ferrari is partnering with BitPay as the payment processor to make this happen. Holders of Bitcoin, Ethereum, and USDC will have the option to spend their tokens on the Italian luxury vehicle.
Ferarri’s brand reputation aligns well with blockchain. The carmaker is committed to innovation, performance, speed, and community. The most trusted and reliable cryptocurrencies share that same commitment.There’s no telling for sure exactly how many new purchases Ferrari will transact using crypto. Many Bitcoin and Ether investors prefer to hold.“My take: great news for adoption, but unlikely to move the needle.
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