Alphabet and Google Say Yes to Crypto
Alphabet, through its subsidiary Google, has just offered the crypto industry a dream support for the young industry which has redoubled its efforts in recent months to push for its adoption by the masses.
Google now accepts cryptocurrency payments for its cloud computing services.
Google Cloud will allow companies, developers of web3 projects to pay with a basket of digital currencies offered by Coinbase via its Coinbase Commerce service. Indeed, this decision is part of a partnership with the crypto platform which is the only public platform offering to buy and sell cryptocurrencies.
Coinbase Commerce is part of the diversification of the firm. It allows businesses to accept cryptocurrency payments and bill their customers in ten of the most popular cryptocurrencies – Bitcoin, Ether, Tether USD, Bitcoin Cash, Dogecoin, Shiba Inu, USD coin, Litecoin, DAI and Apecoin.
Google Cloud will initially allow a small core of companies in the crypto sphere to pay in cryptocurrencies via Coinbase Commerce. In a second step, the Internet giant will offer this option to a greater number of firms.
The service will be effective from 2023.