Crypto adoption may have been frictional in recent times as a result of the stiffened regulations in various regions that have compelled certain exchanges to shut their services in such regions. Amidst this hard times however, the general Crypto community maintain optimism that soon or later Crypto will go mainstream.
There’s no gainsaying, crypto as a digital currency is super convenient. The luxury of sending instant funds to different locations in just a few clicks while remaining anonymous can not be overemphasised. This ease alone has contributed to crypto’s adoption, such that individuals from regulated regions quickly brush off whatever glitch they encounter and seek immediate options–Crypto perhaps is a moving force that can’t be halted.
The fact that huge companies are embracing crypto to reach their global customer base is testament to the fact that cryptocurrency adoption is well underway. Just few weeks ago PayPal launched PayPal USD, this has been swiftly followed by another surprising move— Honda Motor Co., the leading Japanese automobile manufacturer has announced it now accepts cryptocurrencies as payment options for its products.
Honda has successfully secured partnership with the blockchain payment system FCF Pay, to enable customers lease or purchase their vehicles and power equipment using cryptocurrencies like XRP, SHIB, BTC, ETH etc.
It is believed that Honda’s acceptance of these cryptocurrencies conforms with the growing adoption of these assets in different sectors.
Whether it is for marketing purposes or to stay up with the times, one thing for sure is that this will certainly create a seamless payment gateway for global Honda customers and a huge step towards achieving global adoption of crypto
Do you foresee a swift crypto adoption with such developments?