Honda, Japan’s automotive giant, has formed a partnership with FCF Pay to accept cryptocurrency payments, including Ripple (XRP) and Dogecoin (DOGE), for their products. This move aligns with Honda’s embrace of blockchain technology and cryptocurrency adoption.
Honda, a leading Japanese automotive manufacturer, has made a significant stride in the cryptocurrency space. The company recently announced a strategic partnership with FCF Pay, enabling them to accept payments in various cryptocurrencies. Notably, customers will have the option to lease or purchase Honda products using popular cryptocurrencies like Ripple (XRP) and Dogecoin (DOGE).
In a visually shared update, FCF Pay revealed a list of 46 cryptocurrencies supported by Honda’s blockchain payment system. This list includes major players such as Bitcoin (BTC) and Ethereum (ETH), as well as meme coins like Dogecoin and Shiba Inu.
This move by Honda also brings to mind their recent foray into the world of NFTs. Collaborating with Red Bull, Honda unveiled eye-catching NFTs, showcasing their commitment to Web3 strategies in partnership with Animoca Brands Japan.
When it comes to XRP and DOGE prices, both cryptocurrencies have shown correlation with Bitcoin in the past week. XRP is currently trading at $0.51, while Dogecoin stands at $0.063. Looking at monthly price trends, XRP has experienced a 5% increase, suggesting a potential recovery from the SEC case in July.