Gucci, the luxury Italian fashion brand Gucci, announced it would accept,,and other crypto currencies as part of its expansion in the cryptocurrency industry.

Gucci Launches Crypto Acceptance

Gucci has announced it will accept cryptocurrencies from the beginning of May, after launching two NFT collection collections.

In five U.S. stores, the Crypto Acceptance Pilot Program will begin. But, it plans to offer the service in all its 111 North American locations.

New York City, Los Angeles and Miami are the pilot locations. Atlanta, Atlanta, Las Vegas, Miami and Atlanta will also be included. Preparing for the launch of crypto, non-fungible tokens (NFTs), and web, employees began training.

Gucci will Accept Shiba Inu (SHIB), and Dogecoin(DOGE).

Gucci is now accepting Dogecoin(DOGE) and Shiba Inu(SHIB), as well as 10 other cryptocurrency options, such (BTC), BCH, (ETH), Wrapped bitcoin (WBTC), LTC and five U.S.-dollar-pegged stablecoins.

Customer who pay in-store with DOGE or SHIB at pilot locations will receive an email with a QR Code to enable them to pay through their digital asset wallet.

To The Flipside

• Gucci is expanding its Web3 presence, launching the Gucci Vault – an online concept store representing “Gucci’s presence in the Metaverse.”

Why you should care

Acceptance of Cryptocurrency represents a major step towards Gucci’s integration of its Web3 community and physical community.

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