Coochie, a popular clothing company, has announced that it will accept cryptocurrency

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Italian high-end luxury fashion house Gucci has announced that it will now accept the cryptocurrency ApCoin as payment for purchases at select stores in the United States. With this, it is the first major company in the world to accept cryptocurrency.

ApeCoin is a cryptocurrency used in the United States. Instead of cash, these currencies created through digital platforms are being used for digital transactions. While some governments around the world oppose cryptocurrencies, some governments have embraced them. Some institutions are also offering to accept money through cryptocurrencies.

As a step forward, Gucci apparel company is now allowing customers to pay for Gucci products using Bitcoin through BitPay in their US stores only.

In a Twitter post, Gucci said, “Now you can pay with ApCoin via BitPay. We’re expanding the range of cryptocurrencies accepted at select Gucci stores in the US. We’re also exploring our partner house, Web3.”

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BitPay was founded in May 2011 by Tony Gallippi and Stephen Jody. BitPay is a mobile checkout service for companies that accept cryptocurrencies. BitPay is now entering the blockchain industry.

This is after seeing Bitcoin’s potential to revolutionize the financial sector, making global payments faster, safer and cheaper. They are pioneers in developing blockchain payment technology that includes how Bitcoin businesses and people around the world send, receive and store money.

Couchie started accepting payments for its products using cryptocurrencies from May this year due to the adoption of the digital currency by many countries. It also accepts many other digital currencies such as Goochi, Bitcoin, Bitcoin Cash, Ethereum, Dogecoin, Sheba Inu, RobbedBitcoin and some US dollar-pegged stablecoins.

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