Bitcoin.com, a leading figure in the world of cryptocurrency and blockchain technology, is thrilled to announce a significant enhancement to the utility of its ecosystem token, VERSE. In a groundbreaking collaboration, VERSE has now been integrated with BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services. This integration heralds a new era of accessibility and utility for VERSE token holders.
Bitcoin.com Announces Integration of VERSE Token With BitPay for Expanded Payment Options
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Press release
As part of this integration, VERSE will be accepted as a payment option through BitPay. This expansion allows holders of VERSE to transact with a wide array of prestigious and globally recognized brands via direct wallet payments, crypto-powered gift cards, and seamless bill payments. From fashion favorites like Jomashop and Pacsun, to entertainment leaders such as AMC Theatres, and from humanitarian organizations like the Red Cross to luxury brands like Hublot, the reach of VERSE is now truly global. For popular brands not yet accepting payments directly from crypto wallets, over 100 brand and retailer crypto-powered gift cards can be purchased using VERSE – Adidas, Abercrombie & Fitch, Delta Airlines, DoorDash, Barnes & Noble, plus dozens more. Additionally, powering life on crypto is made more accessible with the ability to pay off everyday bills with VERSE such as credit card balances, mortgages, student loans, and car payments.
Corbin Fraser, CEO of Bitcoin.com, expressed his enthusiasm for this milestone: “By integrating Bitcoin.com’s VERSE with the world’s leading cryptocurrency payment service, we’re unlocking opportunities for our users. This partnership reflects our unwavering commitment to making crypto easy to use, and it represents a significant stride towards our vision of a more inclusive financial future.”
Bill Zielke, CMO of BitPay, also shared his perspective: “We are happy to give the VERSE community even more ways to spend their tokens across our network of world-renowned merchants. Supporting VERSE as a payment method aligns perfectly with BitPay’s mission to transform how the world transacts and reinforces our role as a catalyst in the widespread adoption of cryptocurrencies.”
This integration is more than just an expansion of payment options; it is a significant step towards fulfilling Bitcoin.com’s core mission of creating more economic freedom in the world. By enabling the use of VERSE across such a diverse range of sectors and services, Bitcoin.com continues breaking down barriers, making economic participation more inclusive and accessible to all.
Furthermore, the integration is bolstered by BitPay’s support of ERC-20 tokens on the Polygon network. This strategic technical choice ensures that users of VERSE can enjoy the benefits of low transaction fees and high-speed processing, making the use of VERSE not just more widespread but also more efficient and user-friendly.
About BitPay
Founded in 2011, BitPay is one of the oldest cryptocurrency companies. As a pioneer in blockchain payment processing, the company’s mission is to transform how businesses and people send, receive, and store money. Its business solutions eliminate fraud chargebacks, reduce the cost of payment processing, and enable borderless payments in cryptocurrency, among other services. BitPay offers consumers a complete digital asset management solution that includes the BitPay Wallet and BitPay Card, enabling them to turn digital assets into dollars for spending at tens of thousands of businesses. The company has offices in North America, Europe, and South America and has raised more than $70 million in funding from leading investment firms including Founders Fund, Index Ventures, Virgin Group, and Aquiline Technology Growth. For more information visit bitpay.com.
About Bitcoin.com
Since its inception in 2015, Bitcoin.com has been a pioneer in introducing cryptocurrency to a global audience. With a commitment to accessibility and education, Bitcoin.com offers a range of products and services designed to empower individuals with the tools for personal prosperity in the cryptocurrency space. From educational resources to self-custodial financial services, Bitcoin.com is a leader in making cryptocurrency accessible and usable for everyone.
About VERSE
Launched in December 2022, VERSE is the rewards and utility token of the Bitcoin.com ecosystem. Designed to democratize access to decentralized finance, VERSE has quickly become a key player in the web3 world, as demonstrated by its rapid integration across various platforms. VERSE is more than just a token; it’s a gateway to economic freedom and a testament to the ever-expanding potential of decentralized finance.
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
