The cryptocurrency market is on the rise! Walmart may accept virtual currency payments in the future

The cryptocurrency market is on the rise! Walmart may accept virtual currency payments in the future

It is learned that Walmart recently announced the hiring of a cryptocurrency expert to be responsible for digital currency-related work in order to expand its virtual payment options.

 

Walmart's move was seen as being stimulated by its main competitor Amazon, whose payment team also posted similar job openings a few weeks ago.

 

In addition to Amazon, Fortune 500 companies such as Apple and PayPal have also been hiring for cryptocurrency-related positions. Some companies, including Starbucks, Whole Foods Market and Home Depot, already allow customers to pay through apps by converting digital currencies into U.S. dollars, which is equivalent to indirectly accepting cryptocurrency as a payment method.

 

In addition, many Americans have begun to choose cryptocurrency as an investment method to increase wealth outside of the traditional stock market. A recent survey by the National Opinion Research Center (NORC) at the University of Chicago found that 13% of Americans have purchased or traded cryptocurrencies in the past year, while only 24% have invested in stocks.

 

Editor✎ Irene/

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