Ferrari Confirms To Accept XRP
Ferrari has confirmed its intention to begin accepting cryptocurrencies such as XRP, Bitcoin, and Shiba Inu in exchange for luxury vehicles.
According to a statement from Ferrari’s top executive, the company has begun a new expansion phase. The venture would specifically see Ferrari accept cryptocurrency as payment for its luxury sports cars in the United States.
Ferrari’s CMO, Enrico Galliera, has confirmed that the company plans to expand its cryptocurrency offering to Europe due to market demand and dealer requests. The decision was made in response to the diverse clientele, including both younger and more traditional investors, who have heavily invested in cryptocurrencies.
(With inputs from Shikha Singh)
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