A new release shared by Reuters revealed that WeWork would begin accepting select cryptocurrencies for payments.
In a detailed blog post, WeWork also revealed that it will work with BitPay to process payments and will accept Bitcoin, Ethereum, USDC, and Paxos.
This comes shortly after Venmo – PayPal’s mobile payment service, enabled more than 70 million users to buy, sell, and store Bitcoin, Litecoin, Ethereum, and Bitcoin Cash through the application.
It appears that giant companies are racing to capture the potential benefits of enabling crypto payments for their customers – a sign that the demand is increasing rapidly throughout the past years.
