In case you haven’t noticed, Bitcoin has a moment. The value of the cryptocurrency has been reached record heights In the last few weeks, you’ll soon be able to buy a Tesla with itand, starting Friday, you can now spend Bitcoin (and other cryptocurrencies) through Apple Pay.
BitPay, a popular cryptocurrency The payment processing service has announced that its prepaid Mastercard users in the US can now connect their card with the Apple Wallet and use bitcoin to finance their online purchases wherever Apple Pay is accepted globally. You can add your BitPay card to Apple Wallet through the BitPay Wallet app (you’ll need the latest updated version), which supports a range of cryptocurrencies including Bitcoin, Bitcoin Cash, Ether, Gemini Dollar, USD Coin, Paxos Standard and Binance USD.
The company plans to launch support for Google Pay and Samsung Pay by the end of March, CNET reports.
“We have thousands of BitPay Wallet customers using the BitPay card,” Stephen Pair, CEO of BitPay, said in a statement to the press. “The addition of Apple Pay and soon Google and Samsung Pay will make it easier to use your BitPay card in more places.”
The news that Apple Pay will now integrate a few bitcoin payments is coming analysis launched Earlier this week, this suggested that Apple, whose virtual payment service is already used by millions, could generate up to $ 40 billion a year by entering the cryptocurrency business, according to Canadian brokerage firm RBC Capital Markets.
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Financial experts are divided on whether the recent loss of bitcoin will continue or if it will continue just too expensive speculation, but regardless that Apple rarely seems to get on the hype train.