Gucci Moves To Accept Crypto In Select Stores

Gucci has announced that it shall start accepting payments in crypto at 5 of its U.S stores by the end of May, with the store also sharing its ambitions of eventually expanding the new payments service to all 111 of its North American locations.

Gucci will thus reportedly accept a number of popular cryptocurrencies, such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Wrapped Bitcoin (WBTC), Bitcoin Cash (BCH), Dogecoin (DOGE), Shiba Inu (SHIB), along with 5 stablecoins as well.

In preparation for the launch, Gucci&39s employees have begun their training and instruction on crypto, NFTs, and Web 3.0. In related news, the store had also purchased digital property in The Sandbox (SAND) back in February and established a virtual retail experience similar to its Vault e-store.