- Telefonica also announced that it’ll work with Qualcomm.
- The telecom giant created a partnership with Polygon captured.
Organizations all over the world have started supporting cryptocurrency payments in a steady pace as crypto acceptance grows. Telefónica, the biggest telecom provider in The country, apparently now accepts Bitcoin along with other cryptocurrencies for purchases on its tech marketplace.
Following a integration of the payment option from Spain’s greatest crypto exchange, Bit2Me, the firm apparently enabled cryptocurrency transactions on Tu.com. Now, Telefonica also announced that it’ll work with Qualcomm to build up augmented reality (AR) and metaverse-related services and products.
The state statement noted:
“This agreement opens the chance to provide new encounters to customers merging digital and analogue worlds, re-imagining commerce, entertainment, and communication within the Metaverse.“
Increase in Crypto Adoption in The country
The Spanish telecommunications giant is NFT-compliant. It created a partnership with Polygon captured to supply Web3 solutions making it simpler for companies to issue NFTs.
Lately, numerous well-known companies have expanded their payment methods in order to adjust to altering occasions and meet the requirements of the clients. Gucci, for instance, stated in May that a number of its shops will start taking cryptocurrencies for example Shiba Inu, Dogecoin, Bitcoin, and Ethereum. Balenciaga started taking Bitcoin and Ethereum at certain stores around the same time frame.
In June, Chipotle, a series of Mexican junk food restaurants, announced that it’ll begin accepting cryptocurrency payments. Particularly, it simply incorporated a Publish Merge similar method of Ethereum’s. Since Ethereum network would use 99.95% less energy following the Merge, the well-known junk food company announced an enormous discount on its steak bowl in recognition from the event.
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