Dogecoin (DOGE), a cryptocurrency borne out of a joke, can now be used as payment for tickets and merchandise for the Dallas Mavericks basketball team.
The National Basketball Association franchise confirmed Thursday that it has become the first major business to accept DOGE, allowing users to convert the digital currency to fiat using BitPay.
We’re proud to be the first business to accept the #crypto Dogecoin for payment using BitPay!
You can now use #Dogecoin to buy tickets and merch online, making @DallasMavsShop more accessible to MFFLs everywhere! pic.twitter.com/1N0fk0NjAT
— Dallas Mavericks (@dallasmavs) March 4, 2021
The Mavericks have been accepting Bitcoin (BTC) payments through BitPay for almost two years. Interestingly, they were the second NBA team behind the Sacramento Kings to starting accepting BTC.
In addition to DOGE and BTC, Mavericks’ fans can pay for merchandise using Bitcoin Cash (BCH), USDC, GUSD, PAX and BUSD.
BitPay CEO Stephen Pair says the NBA franchise is helping to pave the way for cryptocurrency adoption:
“BitPay believes that with continued cryptocurrency adoption, the industry is reaching an inflection point thatTitle: Much wow! The Dallas Mavericks to accept Dogecoin for tickets and merch
Sourced From: cointelegraph.com/news/much-wow-the-dallas-mavericks-to-accept-dogecoin-for-tickets-and-merch
Published Date: Thu, 04 Mar 2021 19:52:34 +0000