Automotive Giant Honda Accepts Crypto Payments

10/02/2023

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Automotive giant Honda is taking a big step towards the crypto space by striking a deal with blockchain provider FCF Pay.

Customers can now purchase Honda products using 46 cryptocurrencies. Honda will enable clients to rent or buy the company's products using BTC, ETH, LTC, DOGE, XRP, SHIB, PEPE, and more. FCF Pay shared this news in its X.

Full list of currencies you can pay your vehicle bill with through the FCF Pay bills feature. pic.twitter.com/jAqb55a8xR
— FCF PAY - Blockchain Payment System (@fcfpay) September 27, 2023

By the way, this is not Honda's first interaction with the Web3 world. At a recent event in Tokyo, the company announced a new limited edition NFT. Honda gave away tokens to fans who participated in a ticket lottery for FORMULA 1 Honda & Red Bull event in September.

SHIB has recently gained wider distribution through FCF Pay. This payment service has struck a deal with energy company Chariot Energy. As a result of the deal, local residents can pay their solar bills using SHIB. British bank HSBC has also allowed mortgage and loan bills to be paid using SHIBs. And at the end of September, a huge number of tokens were withdrawn from circulation. The move is aimed at making the asset more scarce and valuable.

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