[Blockchain Today Reporter Park Yohan] The cryptocurrency born in a joke, DOGE, is now expected to be used as a payment method for tickets and goods for the Dallas Mavericks basketball team.
According to Cointelegraph, the American Basketball Association became the first major company to accept Dogecoin on the 4th (local time), allowing users to convert digital currency into fiat currency using BitPay.
Mavericks has been paying BTC payments through BitPay for about two years. They are the second NBA team to accept BTC after the Sacramento Kings.
In addition to Doji and BTC, Mavericks fans can pay for products using BCH, USDC, GUSD, PAX and BUSD.
Bitpay CEO Stephen Pair said the NBA franchise is helping to lay the foundation for cryptocurrency dissemination. He said, “BitPay will open the way to blockchain payments by confusing the way individuals and businesses receive and spend money, as the industry reaches an inflection point with the continued adoption of cryptocurrency, changing consumer confidence and trust forever. I believe.”
Mavericks owner Mark Cuban told Cointelegraph, “The news of Doji Coin payment is true. There is no reason not to receive it. It is supported by payment method. It is a great promotion, and it is fun to get paid.” did.
He wasn’t sure about cryptocurrencies in the past, but he seems to have embraced digital asset classes in recent months. He recently warned bitcoin opponent Peter Suf that gold will lose its storage value as cryptocurrency innovations make it easier for people to become their own banks.
As the popularity of cryptocurrency surged earlier this year, such as surpassing bitcoin even by the size of Twitter recently, the Reddit crowd, which caused the game stop, also focused their efforts on Dogecoin. Elon Musk’s warm embrace of meme-based coins also contributed to the coin’s rise.
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