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Swiss Luxury Watchmaker, TAG Heuer Now Accepts Shiba Inu (SHIB) as a Payment

By Mahesh Limbani May 21, 2022

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If you are a resident of the United States then you can now grab your TAG Heuer with Shiba Inu (SHIB) right from the brand’s own e-commerce platform.

Swiss luxury watchmaker, Tag Heuer is set to accept Shiba Inu (SHIB) as a payment in partnership with BitPay.

Tag Heuer, the luxury watchmaker added support for Shiba Inu (SHIB) along with 12 other major cryptocurrencies on its own e-commerce platform.

The complete list of supported cryptocurrencies includes Bitcoin (BTC), Ethereum (ETH), Shiba Inu (SHIB), Dogecoin (DOGE), USD Coin (USDC), Bitcoin Cash (BCH), Litecoin (LTC), Dai (DAI), Wrapped Bitcoin (WBTC), Gemini Dollar (GUSD), Pax Dollar (USDP), Binance USD (BUSD), and Ripple (XRP).

The move comes after the luxury brand noticed the rise in the number of customers using digital currencies. As per the official website, U.S. customers could spend as much as $10,000 of equivalent USD value in crypto. However, no minimum limit is set for the purchase.

On this event, Frédéric Arnault, CEO of TAG Heuer said:

“As a luxury brand, we had to ensure that our entrance into Web3 would meet our standards of excellence, and thanks to our nimble teams in-house and with the support of BitPay we are able to dive into this new financial world in the best way possible.”

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The content is for informational purposes only and may include the author’s personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

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