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AMC Theatres to Accept Shiba Inu Within Two to Four Months
The largest movie theater chain in the U.S. already accepts bitcoin, ether and other cryptos.
Updated May 11, 2023, 7:06 p.m. Published Nov 16, 2021, 7:39 a.m.
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AMC Theatres will accept shiba inu (SHIB) as payment through BitPay wallets in 60-120 days, AMC CEO Adam Aron said on Tuesday.
- Aron said in a tweet Tuesday that at his suggestion BitPay will start accepting SHIB and AMC will be the first to use the service.
- BitPay provides payment processing services for cryptocurrencies.
- Last week Aron said AMC will start accepting bitcoin, ether and other cryptocurrencies for online payments.
- The theater chain will also accept dogecoin for the purchase of gift cards worth up to $200 per day, the CEO tweeted early in October.
Attention #SHIBArmy: Our friends @Bitpay decided to support Shiba Inu specifically because I asked, so AMC can take Shiba Inu for online payments of movie tickets and concessions. @AMCTheatres to be the first @bitpay client to accept Shiba Inu. Timing 60-120 days. This is a WOW! pic.twitter.com/F54i22hHDv
— Adam Aron (@CEOAdam) November 15, 2021
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Read more: AMC Theatres to Accept Bitcoin, Ether for Online Payments
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The bank of the future: 77% of stablecoin users say they’d open a wallet with their bank today
YouGov survey published by Coinbase and BVNK also found that 71% of users would use a stablecoin-linked debit card as a means of spending them.
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- Some 77% of the survey's 4,658 respondents said they would open a cryptocurrency or stablecoin wallet within their banking or fintech app if one were available.
- A survey commissioned by crypto exchange Coinbase and stablecoin infrastructure provider BVNK also found that 71% of users would use a stablecoin-linked debit card to spend the fiat-linked tokens.
- Stablecoin users on average hold 35% of their annual earnings in such tokens, and 73% of freelancers and contractors reported an improvement in their ability to work with international clients thanks to stablecoins.
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