SAii Lagoon and Hard Rock has begun accepting cryptocurrencies as payment
Posted on: 10/2/2021, 8:05:56 AM
S Hotels & Resorts has launched a groundbreaking new relationship with FTX, a renowned cryptocurrency trading platform, that will allow consumers to book and pay for their stays with virtual online currencies. From October 1, 2021, the company's two award-winning properties in the Maldives will be the first resorts in the country to do so.
The first resorts to accept bitcoins in the Maldives are SAii Lagoon Maldives and Hard Rock Hotel Maldives. They are part of CROSSROADS Maldives, an incredible integrated resort with a plethora of world-class amenities. Visitors can pay for their stay using USD Coins (USDC) and Tether tokens (USDT), with more cryptocurrencies to come in the future. The Luxury Lifestyle Awards 2021 just recognized both properties.
Microsoft, Rakuten, AT&T, Twitch, and Virgin Galactic are among the rising number of cutting-edge organizations that now accept cryptocurrencies as a payment option. FTX is a global cryptocurrency exchange that has partnered with a number of industry leaders, including Circle, Sequoia, and Paxos. It's also a socially responsible firm, donating more than $10 million to organizations in the last three years.