BitPay has added assist for ApeCoin, the native token of the Bored Ape Yacht Membership ecosystem, and Euro Coin, a euro-backed stablecoin
BitPay, the main cryptocurrency cost processor, has introduced that it now helps the ApeCoin (APE) cryptocurrency.
As reported by U.At present, Italian trend home Gucci introduced that it could begin accepting the cryptocurrency in partnership with BitPay, giving the token that underpins the Bored Ape Yacht Membership NFT ecosystem a serious adoption increase.
ApeCoin is the thirty fourth greatest cryptocurrency on the time of writing, in accordance with CoinMarketCap knowledge.
As well as, the Atlanta, Georgia-based firm added a euro-backed stablecoin referred to as Euro Coin (EUROC) to the checklist of obtainable cryptocurrencies.
BitPay customers at the moment are in a position to purchase, retailer and swap the 2 new cryptocurrencies within the BitPay wallets and spend them as an alternative of money.
In June, BitPay processed a complete of 66,608 transactions, in accordance with knowledge printed on its web site.
Bitcoin, the biggest cryptocurrency, accounted for greater than half of all of the transactions (53.3%). Litecoin (21.21%) and Ethereum (9.71%) are available in second and third locations, respectively. Dogecoin (6.17%) and Bitcoin Money (5.02%) are additionally within the high 5. Shiba Inu accounted for lower than 0.5% of all transactions, which is a smaller share in comparison with March.
In July, Yachtzoo, the Monaco-based luxurious yacht firm, partnered with BitPay, making it doable for its prospects to purchase, promote or constitution a yacht with the assistance of a variety of digital belongings.
Kuoni, a Switzerland-based tourism firm, additionally introduced a partnership with BitPay final month.
The in depth checklist of retailers supported by the outstanding crypto firm contains AMC Theatres, the biggest cinema chain on this planet, and main electronics retailer Newegg.