Gucci Increases Its Blockchain Investment Jumps On The Crypto Bandwagon

Gucci, the premium Italian fashion business, has announced that it would expand its payment methods to accommodate more than 10 cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Shiba Inu, and the five stablecoins linked to the US dollar. This was the first time a big fashion industry figure has endorsed a product.

According to Vogue Business, Gucci will test this new payment mechanism in select of its US outlets, namely in New York, Los Angeles, Miami, Las Vegas, and Atlanta. The company intends to implement this at its directly managed stores in the United States by the end of this summer.

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