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HomeCrypto NewsMarketSwiss Luxury Watchmaker, TAG Heuer Now Accepts Shiba Inu (SHIB) as a Payment

Swiss Luxury Watchmaker, TAG Heuer Now Accepts Shiba Inu (SHIB) as a Payment

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If you are a resident of the United States then you can now grab your TAG Heuer with Shiba Inu (SHIB) right from the brand’s own e-commerce platform.

Swiss luxury watchmaker, Tag Heuer is set to accept Shiba Inu (SHIB) as a payment in partnership with BitPay.

Tag Heuer, the luxury watchmaker added support for Shiba Inu (SHIB) along with 12 other major cryptocurrencies on its own e-commerce platform.

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The complete list of supported cryptocurrencies includes Bitcoin (BTC), Ethereum (ETH), Shiba Inu (SHIB), Dogecoin (DOGE), USD Coin (USDC), Bitcoin Cash (BCH), Litecoin (LTC), Dai (DAI), Wrapped Bitcoin (WBTC), Gemini Dollar (GUSD), Pax Dollar (USDP), Binance USD (BUSD), and Ripple (XRP).

The move comes after the luxury brand noticed the rise in the number of customers using digital currencies. As per the official website, U.S. customers could spend as much as $10,000 of equivalent USD value in crypto. However, no minimum limit is set for the purchase.

On this event, Frédéric Arnault, CEO of TAG Heuer said:

“As a luxury brand, we had to ensure that our entrance into Web3 would meet our standards of excellence, and thanks to our nimble teams in-house and with the support of BitPay we are able to dive into this new financial world in the best way possible.”

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Zabi
Zabi
Zabi is crypto enthusiastic with more than 10 years of experience in managing Google News-approved Finance websites. Zabi has a strong background in finance with a thorough understanding of cryptos and a solid grip on the crypto and financial market industry. Along with his passion for crypto writing, Zabi manages his personal stock and finance-related Google News-approved websites.

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