Gucci to accept crypto payment at some retail stores in USA

Italian fashion brand Gucci, owned by French conglomerate Kering, announced that it will start accepting payments in cryptocurrency at some of its flagship outlets in the USA. It will process payments in different coins, including Bitcoin Cash, Wrapped Bitcoin, Ether, Dogecoin, Shiba Inu and certain stable coins whose values are pegged to fiat currency. In March, fashion label Off-White had also started accepting crypto payments in some of its flagship stores of London, Paris and Milan.