Stripchat Reveals Crypto Payments On Its Platform Has Increased 400% In The Past Year By BTC Peers
Everybody Wants Bitcoin: Stripchat Reveals Crypto Payments On Its Platform Up 400% Last Year
Is cryptocurrency adoption finally upon us? This is the question many crypto enthusiasts ask themselves. With major purchases from institutional players like MicroStrategy and Tesla (NASDAQ :), signs are clear that everyone wants to join in on the action.
According to Stripchat, an adult social entertainment and streaming platform, cryptocurrency is quickly becoming the preferred payment option for users and artists on its platform. The live streaming webcam platform revealed that it has seen a 400% increase in cryptocurrency transactions.
Speaking on the development, Max Bennet, the company’s vice president of new media, said:
Both users and models are more actively using crypto as their preferred payment method. We’ve seen a 400% increase in the number of cryptocurrency transactions since the start of 2020, and 10% of all models active on Stripchat use crypto as their primary payment method.
Meanwhile, the platform has jumped on the Doge bandwagon and now supports memes-based cryptocurrency, thanks to Elon Musk. Bennet noted:
If adding DOGE can improve the experience of Elon Musk and the people on Stripchat, we’re here to embrace it.
Pornhub is another adult entertainment website that has joined the Dogecoin frenzy. They recently announced support for Doge and three other new cryptocurrencies.
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