Gucci to Accept Crypto Payments in Retail Stores
< img width=" 1280" height= "720" src=" https://static.news.bitcoin.com/wp-content/uploads/2022/05/gucci.jpg "class =" story __ img article __ poster" alt=" Gucci to Accept Cryptocurrencies in Retail Stores" loading= "lazy" > High-end fashion house Gucci will start accepting cryptocurrencies at a few of its shops this month, consisting of bitcoin, ether, dogecoin, and shiba inu. The business prepares for all of its directly run stores in The United States and Canada to accept crypto by this summer season
. Gucci to Start Accepting Crypto Payments
Italian high-end luxury fashion home Gucci will begin accepting cryptocurrency payments in five shops later on this month, Vogue Company reported Wednesday.
The 5 shops lie in New York City (Wooster Street), Los Angeles (Rodeo Drive), Miami (Style District), Atlanta (Phipps Plaza), and Las Vegas (The Shops at Crystals).
Gucci will accept bitcoin, bitcoin money, ethereum, covered bitcoin, litecoin, dogecoin, shiba inu, and 5 stablecoins pegged to the U.S. dollar, the publication conveyed.
These coins are the ones supported by popular crypto payment company Bitpay, which likewise supports GUSD, USDC, USDP, DAI, and BUSD stablecoins.
Marco Bizzarri, the president and CEO of Gucci, commented: “Gucci is constantly looking to accept brand-new innovations when they can provide a boosted experience for our consumers.” He included:
Now that we have the ability to integrate cryptocurrencies within our payment system, it is a natural advancement for those customers who want to have this choice available to them.
The publication included that the style home plans for all of its straight operated North American stores to accept crypto payments by this summer season.
Gucci has actually been ramping up its non-fungible token (NFT) and Web3 efforts. The company recently established a Web3-focused group and launched a few NFTs.
The fashion home is likewise establishing a presence in the metaverse. It is establishing digital real estate in The Sandbox. The two companies “will work together to develop an interactive style experience based upon Vault, Gucci’s conceptual area and meeting point motivated by childhood memories of the look for appeal,” they formerly revealed.
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In Case You Missed It Released at Thu, 05 May 2022 22:30:28 +0000