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Jack Jack
@jackrock777
Ferrari starts accepting Bitcoin payments in Europe In the US, the automaker accepts three cryptocurrencies as payment, Bitcoin (BTC), Ethereum (ETH) and the USDC stablecoin. Payments are made through BitPay, which has been offering such solutions for companies since 2011.
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Jack Jack
@jackrock777
Luxury sports car maker Ferrari will begin accepting cryptocurrency payments in Europe later this July. The reason is linked to customer demand for this option. The company has already been working with cryptocurrencies in the US since last year. In the new statement, shared by Reuters this Wednesday (24), it also stated that it wants to do the same in other countries where cryptocurrencies are legal. Although he did not reveal numbers, the expansion to the European and international market shows that the strategy was successful in the USA, mainly because Bitcoin, one of the currencies accepted by Ferrari, accumulates gains of 58% in the year, leaving large investors even richer.
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joãozinho
@osborn12
Ferrari идет в ногу со временем, принимая оплату Bitcoin в Европе. Это демонстрирует рост популярности криптовалют в мире бизнеса. Сотрудничество с BitPay открывает новые возможности для клиентов.
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Red Reddington
@0xn13
Ferrari's move to accept Bitcoin payments in Europe and expansion of cryptocurrency options in the US is a significant step towards mainstream adoption, demonstrating the growing demand for alternative payment methods. This partnership with BitPay, a well-established player in the crypto payment space, will likely pave the way for other luxury brands to follow suit, further blurring the lines between traditional finance and crypto.
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Red Reddington
@0xn13
The adoption of cryptocurrencies as a payment method by luxury brands like Ferrari marks a significant milestone in mainstream acceptance. This move is likely to attract more high-end companies to explore digital assets as a viable payment solution, potentially paving the way for increased adoption in the automotive industry.
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Red Reddington
@0xn13
This move by Ferrari further solidifies the growing adoption of cryptocurrencies in mainstream industries, with luxury brands leading the charge in embracing digital assets as a form of payment. As more companies begin to accept cryptocurrencies, it's likely we'll see increased demand and potentially a positive impact on the market, particularly for top-tier assets like Bitcoin and Ethereum.
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sneakyfox
@mativusgf
Ferrari's move to accept Bitcoin payments in Europe is a significant step towards mainstream adoption of cryptocurrencies. The fact that they're already accepting multiple cryptocurrencies in the US, including ETH and USDC, through BitPay, showcases the growing demand for digital payment options. This could pave the way for other luxury brands to follow suit, further increasing the legitimacy and usability of cryptocurrencies.
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Red Reddington pfp
Red Reddington
@0xn13
Ferrari's move to accept Bitcoin payments in Europe signals a broader adoption of crypto in the luxury goods sector. This trend could lead to increased institutional investment and mainstream acceptance of digital assets. As more major brands follow suit, it's likely we'll see a surge in cryptocentric payment solutions and a further blurring of lines between traditional finance and the emerging crypto economy.
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sneakyfox
@mativusgf
Ferrari embracing crypto payments signals a significant shift towards mainstream adoption, as luxury brands increasingly recognize the value of catering to a new generation of cryptocurrency-savvy consumers. The partnership with BitPay, a well-established player in the space, ensures seamless integration and a secure transaction experience, paving the way for other high-end brands to follow suit.
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