The last few months have been big for Bitcoin as it zoomed past $20,000 in December and is now close to $50,000 after Elon Musk announced that customers will soon be able to buy Tesla using Bitcoin.
While there is still some time before you can actually buy a Tesla using Bitcoin, Apple Pay customers in the US can now pay for goods using cryptocurrencies. Today, BitPay announced that it has added support for Apple Pay, allowing users to add BitPay's Prepaid Mastercard to their Apple Wallet. Customers can use BitPay's card to shop globally wherever Apple Pay is accepted. In a statement to CNET, BitPay's CEO Stephen Pair said:
We have thousands of BitPay Wallet app customers using the BitPay Card. Adding Apple Pay and soon Google and Samsung Pay makes it easy and convenient to use the BitPay Card in more places.
Furthermore, Pair confirmed that BitPay plans to add support for Google Pay and Samsung Pay by the end of March. The company will allow users to pay for goods with a variety of cryptocurrencies like Bitcoin, Ethereum, Bitcoin Cash, Binance USD and USDT.
The news comes just days after an analyst released a report stating that Apple could potentially add 25% to its share price and generate up to $40 Billion per year by jumping on the cryptocurrency bandwagon.