Crypto is already widely used as a currency in the digital asset world, the report said, adding that ether is predominantly needed to buy non-fungible-tokens (NFTs). As more brands look to advertise in the metaverse, there could be an increasing need to accept a range of payment methods, including crypto, it said.
Related posts
-
Bitcoin (BTC) Price Leads Crypto Market as ETF Options Traders Go Degen
Bitcoin (BTC) is eyeing record highs once again heading into Wednesday’s U.S. session. The largest crypto... -
Robinhood Is the Top Crypto Deregulation Trade, Bernstein Says
The broker raised its price target on the trading platform’s stock to $51 from $30. Source... -
Crypto Exchange Archax Adds Tokenized Money Market Funds From State Street (STT), Fidelity and LGIM (LGEN)
“Tokenized real-world assets, and in particular funds, are really gaining momentum,” said Graham Rodford, CEO and...