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Ferrari to start accepting crypto payments in US, Europe to follow

The company has said the move is in response to demand from its wealthy customers. Ferrari will use crypto payments provider BitPay to process transactions in bitcoin (BTC), ether (ETH) and stablecoin USD coin (USDC) in the initial rollout in the U.S.

"Some of our clients are young investors who have built their fortunes around cryptocurrencies," Galliera said. "Some others are more traditional investors, who want to diversify their portfolios."

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crypto, payments