In a surprising move, Honda Motor Co., a leading Japanese automobile manufacturer, now accepts digital assets as payment options for its products.
Partnering with the blockchain payment system FCF Pay, Honda enables customers to lease or purchase their vehicles and power equipment using various cryptocurrencies, including XRP, and the leading dog-themed token Shiba Inu (SHIB).
Read Also: XRP Emerges the Most Traded Altcoin in the United States, Beats SHIB, SOL, DOGE, and ADA
This collaboration expands the options available for customers who can now transact in digital currencies instead of traditional fiat to buy Honda’s automobiles, motorcycles, and power equipment.
Aside from XRP and Shiba Inu (SHIB), Honda also other accepts, Bitcoin (BTC) and Ether (ETH), Binance Coin (BNB), Polkadot (DOT), and other popular cryptocurrencies.
Honda’s offering stands out as it also embraces more exotic meme-inspired coins, including Pepe Coin (PEPE), Floki Inu (FLOKI), Bone ShibaSwap (BONE), and Doge Killer (LEASH).
Honda’s decision to accept XRP and SHIB aligns with the increasing adoption of these cryptocurrencies in various sectors.
Recall that FCF Pay also recently collaborated with Texas-based energy company Chariot Energy, allowing customers to pay their solar panel bills using SHIB, XRP, and other listed cryptocurrencies, boosting the adoption rate of crypto payments.
Read Also: Shiba Inu (SHIB) and XRP Holders Need to Take Note of This Binance Announcement
Similarly, eligible customers at HSBC, one of the largest banks in the United Kingdom, can settle their mortgage bills and loans using cryptocurrencies, including XRP and Shiba (SHIB) via a partnership with the leading crypto payment gateway, FCF Pay.
Honda Motor Co.’s integration of cryptocurrency payments demonstrates the automotive industry’s willingness to adapt to the evolving financial landscape. This move expands the possibilities for customers and signals the growing acceptance and adoption of cryptocurrencies in the mainstream market.
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