Saturday, June 7, 2025
Phonemantra
No Result
View All Result
  • Home
  • Mobiles
  • Tech News
  • Cars
  • Entertainment
  • USA News
  • Health
  • Cameras
  • Gaming
No Result
View All Result
  • Home
  • Mobiles
  • Tech News
  • Cars
  • Entertainment
  • USA News
  • Health
  • Cameras
  • Gaming
No Result
View All Result
Phonemantra
No Result
View All Result
Home Elon Musk

Following the path of Elon Musk: Ferrari began selling cars for BTC, ETH and USDC

Tesla used to do the same thing.

Many young investors have made their wealth from cryptocurrency, and now Ferrari is allowing them to buy supercars using blockchain technology.

Ferrari dealers in the US are already accepting cryptocurrency payments, with the service to be rolled out in Europe in early 2024. Later this opportunity will appear in other regions. Dealers accept Bitcoin and Ethereum, as well as the USDC stablecoin.

Cryptocurrency does not have a stable exchange rate, so Ferrari’s chosen payment system, BitPay, immediately converts digital currencies into traditional money so that dealers are not affected by price fluctuations. BitPay’s mission is also to ensure that cryptocurrency payments are not the proceeds of crime or used for money laundering or tax evasion.

Following the path of Elon Musk: Ferrari began selling cars for BTC, ETH, and USDC

Elon Musk
Elon Musk

“This will help us reach people who are not necessarily our customers but can afford a Ferrari,” Enrico Galliera, Ferrari’s chief marketing and commercial officer, told Reuters. “Prices will not change, no commissions or additional fees if you pay with cryptocurrency.”

In 2021, Tesla announced that it would accept payments in Bitcoin, but then reversed this decision due to the harm caused by Bitcoin mining. This year there was information that Tesla may again accept cryptocurrency payments.

  •  Facebook
  • 0WhatsApp
  •  Twitter
  •  Pinterest
  • 0Reddit
  • 0Telegram
  • 0Skype
  • 0Facebook Messenger
  • Copy Link
  • 0Print
  •  shares
Tags: business magnateelectric vehicleselon muskengineeringentrepreneurinnovationMusk's companiesMusk's projectsrenewable energyspace explorationspacexSpaceX CEOSpaceX missionstech visionaryTeslaTesla CEOvisionary leader

Related Posts

Elon Musk, OpenAI, Sam Altman, Artificial Intelligence, Breach of Contract, Non-Profit Mission, Microsoft, Ethics in AI Development
Business

Elon Musk Sues OpenAI and CEO Sam Altman Over Alleged Mission Breach

March 1, 2024
Elon Musk
Elon Musk

Elon Musk gave 180 days to build the first Cybertruck, and then cut the time in half

December 5, 2023
Elon Musk
Elon Musk

Elon Musk against unions at Tesla factories

December 5, 2023
Elon Musk
Elon Musk

Elon Musk presented the “Cyberbeast”

December 2, 2023
Tesla and Elon Musk
Elon Musk

Tesla and Elon Musk knew that Autopilot was faulty. The judge made this decision

November 29, 2023
Elon Musk
Elon Musk

Elon Musk is suspected of hiding the real picture with Neuralink implants

November 24, 2023

Recommended Stories

Isuzu D-Max BEV Charges into BIMS 2024

Isuzu D-Max BEV Charges into BIMS 2024: A Potential Toyota Hilux EV Rival Emerges

March 28, 2024

WhatsApp users tensed. The most popular messenger can be spoiled by advertising

April 28, 2020 - Updated on December 8, 2022

Apple allows iPhone, iPad and Mac to search for “other people’s” gadgets, accessories and even e-bikes

April 8, 2021 - Updated on December 8, 2022

Ads

Popular Stories

  • Coping with Diabetes During the Summer Heat

    Coping with Diabetes During the Summer Heat

    0 shares
    Share 0 Tweet 0
  • Food Allergies

    0 shares
    Share 0 Tweet 0
  • Why Colon Health Should Be a Top Priority

    0 shares
    Share 0 Tweet 0
  • The Importance of Speaking Up About Healthcare Decisions

    0 shares
    Share 0 Tweet 0
  • The Truth About Dieting

    0 shares
    Share 0 Tweet 0
Phonemantra

© 2025 Phonemantra

Navigate Site

  • Our Team
  • Sitemap
  • Legal Disclaimer
  • Privacy Policy
  • Contact Us

Follow Us

No Result
View All Result
  • Home
  • Mobiles
  • Tech News
  • Cars
  • Entertainment
  • USA News
  • Health
  • Cameras
  • Gaming

© 2025 Phonemantra