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Australian energy firm 1st Energy has started accepting cryptocurrency payments through the old and most popular cryptocurrency payments processor BitPay. The firm now accepts payments in several assets including meme-inspired tokens Dogecoin ($DOGE) and Shiba Inu ($SHIB).<\/p>\n
According to an announcement shared by BitPay, the firm became Australia\u2019s first energy retailer to accept cryptocurrency payments. Aside from the meme tokens, it also accepts leading cryptos including Bitcoin, Ethereum, Litecoin, and stablecoins including $DAI, $USDC, $USDP, $BUSD, and others.<\/p>\n
BitPay, as CryptoGlobe reported, was established back in 2011 and added support for Shiba Inu late last year.<\/a> The meme-inspired cryptocurrency, through BitPay\u2019s debit card, started being available in numerous locations including the world\u2019s largest company by revenue Walmart.<\/p>\n Adam Aron, the CEO of movie chain giant AMC, has said in late February the firm would add support for BitPay-powered online payments later this month, with support for cryptocurrency payments on its mobile applications rolling out by April 16.<\/p>\n These development come shortly after leading digital payments platform Wirex, which has over 4.5 million users and allows them to spend dozens of currencies at more than 80 million locations worldwide, has added support for SHIB<\/a>.<\/p>\n The SHIB community has recently seen the cryptoasset partner with\u00a0Italian high-end designer wear John Richmond in a bit to launch a non-fungible token (NFT) based fashion collection later this year.<\/p>\n –><\/p>\n –><\/p>\n Through its partnership with John Richmond, the team behind the meme-inspired cryptocurrency has secured advertisements with Milan\u2019s city council<\/a>, allowing it to place logos on the \u20181825\u2019 numbered tram in the city, exposing it to Milan\u2019s residents.<\/p>\n The partnerships comes after the team behind the cryptocurrency announced the\u00a0upcoming launch of a token burning portal<\/a>\u00a0that is set to help the cryptocurrency\u2019s community burn tokens in an effort to reduce its circulating supply.<\/p>\n DISCLAIMER<\/strong><\/p>\n The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a risk of financial loss.<\/em><\/p>\n IMAGE CREDIT<\/strong><\/p>\n Featured image via\u00a0<\/em>Pixabay<\/em><\/a><\/p>\n<\/p><\/div>\n
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