KFC Canada now Accepts Dogecoin as One of the Payment Methods

There has been an impeccable pace of adoption being set in Canada as compared to the US and various other regions when it comes to cryptocurrency, blockchain, and decentralization, for that matter. If you don’t already know, then here goes; Canada is among the countries to pass and install an ETF for Bitcoin that has taken the trading and scalability of blockchain systems to an all-time high. The US is lagging behind Canada in all these matters, and it has a lot of catching up to do. Presently, a tweet has dropped on Twitter by KFC Canada that doesn’t come out as a glorified surprise that all KFC franchises around Canada will accept Dogecoin as one of the payment methods.

Dogecoin Making its Way into the Corporate World

Dogecoin has recently crossed $0.50 and has knocked down Ripple out of the game for being one of the top 5 cryptocurrencies. KFC Canada sets out this new integration because of the wild adoption that Dogecoin and Etheruem are celebrating among various financial sectors. But given the fact that Mark Cuban is already accepting and vouching for Dogecoin as one of the payment methods for buying merchandise from his NBA team. Other than Mark Cuban, Elon Musk has also vouched for Dogecoin back then in a tweet supporting those who were willing to sell their fair share of Dogecoin to avoid concentration in the crypto market.

KFC Canada is also associated with another marketing tactic back then which included giving away Bitcoin buckets to those who will pay for it through Bitcoin via BitPay. This marketing tactic, in particular, was temporary, but the present one will stick with us for some time, hopefully. It will certainly help the retail traders have some fun with extra crypto change in their digital wallets as more and more products are available through direct crypto payments, and more companies are pitching into this emerging trend. However, nothing can be said for sure if this adoption will continue among more complex financial conglomerates, but one thing is for sure that those who value cryptocurrency are giving it a chance.         

Leave a Reply

Your email address will not be published.

Related

Crypto.com Removes Cryptocurrencies from Earn Program

The current turmoil in the cryptocurrency market has forced a number of companies in the space to shift their strategy and come up with new approaches that can help them pull through the downtrend. Crypto.com is also doing the same as it announced that they are making changes to their rewards program called Crypto Earn. […]

A Particular Even May Help Recover Shiba Inu’s Price

The trading price of Shiba Inu (SHIB) experienced a gigantic plunge that was triggered due to the recent bloodbath of cryptocurrency. SHIB Bleeds Badly As the cryptocurrency industry suffered a bloodbath, the trading price of Shiba Inu experienced an even worse situation. SHIB’s trading price reportedly suffered double-digit losses. Despite suffering huge losses, the analysts […]

Price of Bitcoin Suffered another Dip Due to Cypherpunk Holdings

The price of Bitcoin (BTC) ended up experiencing a dip and it came down to $20,200. Bitcoin’s price dipped due to a strong selling that was nothing less than a bloodbath. A great sell-off activity was recorded for Bitcoin that was triggered by multiple institutions. Even the investment firms ended up selling Bitcoin on a […]

Stocks Slip and Yields Ease in Light of Powell’s Comments

On Wednesday, global indexes saw stocks edge lower for the most part, while Treasury yields eased, as investors were taking in the comments of Jerome Powell, the Chairman of the US Federal Reserve. He said that while there was certainly a risk of the economy slowing down too much because of aggressive hikes in interest […]

Asia-Pacific Stocks Gain with Investors Weighing Economic Concerns

On Tuesday, shares in the Asia-Pacific region climbed higher, as investors were weighing the economic concerns. Most indexes record gains The Hang Seng index in Hong Kong had been trading at a loss but rose 0.7% in the last hour of trading. There was also a 0.73% gain in the Hang Seng Tech index. On […]