BitPay, a prominent crypto payment processor, has broadened the utilization of XRP tokens for air travel and luxury car payments. This Friday’s announcement has ignited enthusiasm within the digital asset investment community.
This latest advancement empowers XRP holders to employ their tokens for settling the expenses of AirX’s customized services. AirX, a distinguished private jet operator, currently embraces BitPay as a payment option for clients reserving private jets. This move is regarded as a substantial stride towards acknowledging XRP as a legitimate currency, as opposed to just a conduit for Central Bank Digital Currencies (CBDCs).
Luke Thomas, an enthusiastic supporter of XRP from the United States, shared his delight regarding the increasing acceptance of XRP as a genuine currency. Thomas remarked, “This is a significant victory for XRP and its investors.”
BitPay’s recent announcement isn’t limited to air travel; it also reaches into the luxury car industry. Ferrari (NYSE:RACE) has started receiving XRР as a payment method, according to Crypto Basic. This contributes to the growing list of services and goods in the United States that can now be settled with XRP, encompassing electricity and internet bills, as well as mortgage payments.
Despite BitPay’s focus on XRР in its announcement, there are hints that AirX may consider accepting other cryptocurrencies supported by BitPay for private jet bookings in the future.
The increased utilization of XRР is viewed as a favorable development for the broader adoption of cryptocurrencies. As more sectors embrace digital currencies as a means of payment, it indicates a progressing movement toward the widespread acceptance of cryptocurrencies.