BitPay To Add Ethereum Support
September 23, 2019 8:14 pm
BitPay, one of the popular cryptocurrency providers will be adding Ethereum payment support very soon. Through BitPay, businesses can accept payments in Bitcoin, Bitcoin Cash, Ethereum and other stablecoins.
BitPay now accepts both fiat and crypto payments in over 200 countries. Vitalik Buterin, ethereum co-founder and creator said it was exciting to see BitPay “leading the way in integrating ethereum into global payment systems.” The company also revealed that it often reviews potential cryptocurrencies for addition.
Mr. Buterin said:
“This truly opens up a new world of possibilities for the Ethereum ecosystem, and together we can continue to be a leading innovator for real-world use cases for cryptocurrencies.”
“BitPay regularly evaluates blockchains and cryptocurrencies to support the company’s goals of making it easy to send and receive payments for goods and services globally. We selected ethereum as it has broad support for real-world applications and is widely adopted.”
Stephen Pair, BitPay CEO said ethereum was the next logical choice due to its current market base.
According to him:
“As one of the largest cryptocurrencies by market cap and one used by thousands of companies, Ethereum is the next logical choice.