US-listed company Thumzup announced that it will accept USDC and other stablecoins to pay for advertising activities
According to online reports, Thumzup Media Corporation (stock code: TZUP), a Nasdaq-listed company, announced that it will expand its cryptocurrency payment capabilities and will accept stablecoins such as USDC to pay for advertising activities through Stripe's "Pay with Crypto" feature. It is reported that Thumzup is currently accelerating its Bitcoin reserve strategy, and the company can allocate up to 90% of its liquid assets to Bitcoin. As of May 19, Thumzup held 19.106 bitcoins with a market value of approximately US$2 million, and used Coinbase Prime as its custodian and prime broker. Robert Steele, CEO of Thumzup, said that Stripe's crypto payment capabilities will drive the popularity of business-to-business (B2B) cryptocurrency transactions, and the company is honored to be one of the early adopters of crypto payments.
Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.