Ferrari giant starts accepting cryptocurrency payments
Read more about Ferrari giant starting accepting digital currency payments:
The Italian luxury car giant Ferrari said that its merchants on the European continent will begin accepting digital currency payments in response to customer and merchant requests this month, without specifying which payment system will be used in Europe.
The Italian auto giant explained that Ferrari will expand into Europe, where the system will be expanded to include dealers in other countries that legally accept digital currencies.
Ferrari uses the BitPay payments system to process digital payments in the United States, and accepts Bitcoin, Ethereum and the USDC stablecoin, with payments instantly converting to fiat currency to protect merchants from price fluctuations.
It is noteworthy that Ferrari began accepting digital currency payments in the United States in October, and the company stated that the expansion to Europe comes after the success of the system in the United States to support merchants in meeting customer needs.
