W Dubai – The Palm and three Subway locations in Germany are the most recent businesses to accept digital currency.
The five-star hotel W Dubai – Palm accepted Shiba Inu as payment for accommodations (SHIB). Palazzo Versace Dubai is another opulent venue in the city that accepts digital currencies such as BTC and ETH for payment.
Subway, an American global fast food restaurant business, hopped on the bandwagon as well. Three of its Berlin-based locations have begun taking bitcoin as payment.
Palm-Embracing SHIB
W Dubai – The Palm, one of the highest-rated hotels in the Arabian megalopolis, joined the cryptosphere by allowing customers to pay their bills in Shiba Inu.
W Dubai – The Palm is owned by Marriott International and offers 349 hotel rooms. The hotel’s lowest double room costs over $700, or over 68 million SHIB tokens (at current values).
Recently, the five-star Palazzo Versace Dubai began accepting digital currencies as payment. Bitcoin (BTC), Ether (ETH), and Binance Coin are the supported cryptocurrencies (BNB).
Subway Is Also Included
The famed fast food restaurant announced that three of its Berlin locations now accept bitcoin payments. The implementation is part of an experiment to assess if clients are interested in cryptocurrency.
Daniel Hinze, the proprietor of one of the Subway locations, admits to having joined the bitcoin ecosystem five years ago. During 2021 and 2022, he intensified his interest in the asset, claiming that Bitcoin may be “the superior money system.” Over the years, Hinze has also attempted to promote the cryptocurrency by giving a 50 percent discount to clients who pay for their sandwiches with bitcoin.
Subway collaborated with the Swiss firm Lipa to trigger the cryptocurrency potential. The CEO of the latter, Bastien Feder, said that his company’s 1% merchant fee is far lower than other conventional settlement methods.
