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Honda Motors Now Accept Crypto Payment


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If you have been into cryptocurrency over the time, you'd have noticed it has faced a lot of ups and downs, from several crackdowns to adoptions, ranging from China's ban, to El Salvador's adoption, including Tesla's adoption and others, and it looks as though in an ever developing world of technology, adoption seems to be the resolution for advancing companies and now we have another adoption, Honda Motor Co.

Honda Motor Co., a well-known Japanese automaker, has made a surprising decision to accept digital assets as payment for its goods. By collaborating with the blockchain payment platform FCF Pay, Honda now makes it possible for clients to lease or buy their cars and power equipment using different cryptocurrencies, including XRP and the most popular doge token, Shiba Inu (SHIB).

This partnership increases the possibilities accessible to customers who may now purchase Honda's cars, motorbikes, and power equipment using digital currencies like Bitcoin (BTC), Ether (ETH), Binance Coin (BNB), Polkadot (DOT), and other well-known cryptocurrencies in addition to XRP and Shiba Inu (SHIB) rather than conventional cash.

The unique feature of Honda's offering is that it accepts a variety of more uncommon meme-inspired coins, such as Pepe Coin (PEPE), Floki Inu (FLOKI), Bone ShibaSwap (BONE), and Doge Killer (LEASH).

Connecting the dots of various happenings in the crypto space and sudden adoption by various companies and even some economies, where do you see cryptocurrency in the coming years and what steps are you taking in preparation for it?

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Adoption of crypto might be slow but certainly we are on the right track. With HONDA motors joining the likes of Tesla, Citi bank and ANZ bank recent adoption of blockchain, the only thing that could further boost investor confidence and increased participation is the approval of BTC spot ETF. Hopefully we can get back the mojo of crypto pre 2020 bear market. 

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