Adidas announced crypto partnership with Coinbase
Crypto is getting more attention not just from the investors but also from many companies and institutions to look into. Until now we have seen many financial institutional entering cryptos but now other players are also adopting crypto. Adidas is a company that is known as a leading sportswear brand and now they have done have done their debut in crypto through coinbase. This is a new beginning where apparel companies are also looking for possibilities in the crypto space and this is surely a good move and will help to bring more value to crypto.
Although blockchain and crypto are not limited to any sector and industry increased adoption will open the doors for many companies. So far this seems to be the first name that has announced the crypto partnership and they are moving ahead with association with coinbase. We know that coinbase is world's leading exchange and has quite a big hold of the crypto reserve.
The well-known sports apparel company Adidas recently revealed a new partnership with Coinbase, calling it “probably nothing.” The German sportswear giant could be taking one step closer to accepting digital asset payments and an initial step into “metaverse apparel.”
Crypto payment acceptance by Adidas is going to help more people to buy their apparel easily and will contribute towards the increase in crypto transactions. Adidas operates globally and has a global presence so its expected that they will provide the options to pay off the line as well as online. Now exchanges are also enabling the option for payment and even developing payment services that are making crypto payments easy. Even Binance has launched finance pay which allows us to pay through crypto easily and now with Adidas partnership coinbase will also introduce something innovative.
It would be exciting to see how this partnership brings more options to pay and it will also make shopping with Adidas fun. I hope to have online payment using crypto on their platform and if I get the option to pay through hive then it would be great. There is a lot happening in the crypto space and things are going to be highly advanced in the crypto world.
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