Italian Fashion Brand Off-White Accepts Cryptocurrency Payment

Founded by the late Virgil Abloh, the Italian luxury label Off-White has begun accepting cryptocurrency payments in London, Paris, and Milan stores. A crypto media organization took to Twitter to share the latest developments in the crypto space. 💥 BREAKING: Fashion label Off-White, now accepts #Bitcoin for payment in London, Paris and Milan. 👗 🧥 🧣👔 — Bitcoin Archive 🗄🚀🌔 (@BTC_Archive) March 31, 2022 Off-White Are Now Accepting Crypto in Stores Following the footsteps of the designer watch brand Hublot and the luxury clothing brand Philipp Plein, the popular brand has officially joined the crypto revolution. Philipp Plein was one of the earliest adopters and advocates in the fashion industry of cryptocurrency. Plein informed the press that they have already collected 150 Bitcoins in revenue. Off-White has started accepting payment in cryptocurrencies such as Bitcoin (BTC), Binance Coin (BNB), Ethereum (ETH), Ripple (XRP), and stablecoins Tether (USDT) and USD Coin (USDC). “This is another important step in the growth of the brand, that looks towards the future including Web 3.0 technologies, understanding the needs and desires of its ever-evolving customer base,” stated a spokesperson from the brand. Workings of the Cryptocurrency Transactions The brand stated one major reason for adopting this mode of payment was the rising case of fraud checks. It is widely known as one of the safest modes of transaction. The LUNU PO...