XRP Acceptance Expands to Air Travel and Luxury Car Purchases By Investing.com

BitPay, a leading cryptocurrency payment processor, has expanded the use of XRP tokens for the payment of air travel and luxury car purchases. The announcement, made on Friday, has sparked excitement among digital asset investors.

The new development enables XRP holders to utilize their tokens to pay for AirX’s bespoke services. AirX, a renowned private jet operator, now accepts BitPay as a payment method for customers booking private jets. The move is seen as a significant step in recognizing XRP as a currency, rather than merely a bridge asset for CBDCs (Central Bank Digital Currencies).

Luke Thomas, an American XRP enthusiast, expressed his pleasure at the growing recognition of XRP as a legitimate currency. “This is a big win for XRP and its holders,” Thomas said.

In addition to air travel, BitPay’s announcement also extends to the luxury car market. Ferrari (NYSE:RACE) now accepts XRP for purchases, as reported by Crypto Basic. This adds to the increasing number of services and products that can be paid for with XRP in the United States, including electricity and broadband bills and mortgages.

While BitPay’s announcement specifically highlighted XRP, it was suggested that other cryptocurrencies supported by BitPay might also be accepted for private jet bookings with AirX in the future.

This expansion of XRP usage is seen as a positive development for cryptocurrency adoption more broadly. As more industries accept digital currencies for payment, it suggests a growing trend towards mainstream acceptance of cryptocurrencies.

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