Ethereum News Today – September 17

Ethereum
  • BitPay announces support for Ethereum (ETH)
  • Ethereum (ETH) Takes A Step Closer to Mainstream Adoption
  • Ethereum (ETH) Shows Immense Potential In Terms of Market Capitalization – Stephen Pair

Ethereum News Today – The second-largest digital currency by market cap – Ethereum (ETH) – just found its way to BitPay – the largest Bitcoin payment service provider. This is a piece of fascinating news for Ethereum (ETH) as it might give it the boost it has been looking for. The headquarters of BitPay is situated in Atlanta and it is the largest and most popular payment service provider for business owners that accept BTC and BCH.

BitPay also supports fiat currency and a few stablecoins. However, the number one selling point of the firm is still Bitcoin (BTC) transactions. BitPay processes more than $1 billion (one billion dollars) in Bitcoin (BTC) transaction per year. The firm recently announced its support for Ethereum (ETH) – the world’s largest altcoin. With this, merchants across the globe will now be able to accept payments and process cross-border settlements with Ethereum (ETH).

Ethereum (ETH) Price Today – ETH / USD

#NamePrice24H %
2
ethereum
Ethereum(ETH)
$179.27
-4.01%

Ethereum (ETH) Takes A Step Closer to Mainstream Adoption

Ethereum News Today – The addition of ETH to a Bitcoin payment service provider is a piece of very bullish news for Ethereum. According to Vitalik Buterin – the co-founder of Ethereum – the integration of ETH into BitPay will pave the way for the mainstream adoption of Ethereum globally. Buttering said that Ethereum ETH has the potential to solve real-life problems, yet the acceptance of the digital currency remains an issue to date.

In a remark, Buterin said that Ethereum (ETH) can now explore a world of possibilities, thanks to BitPay. For BitPay, the incorporation of ETH into its platform means another potential cryptocurrency under its belt. As per the CEO of BitPay – Stephen Pair – the firm is always on the lookout for ways to surpass the expectations of customers. The digital currency and blockchain industry has been on the upswing since inception. Hence, it is wise for the company to keep exploring newer services and products to integrate into the system.

Ethereum (ETH) Shows Immense Potential In Terms of Market Capitalization – Stephen Pair

Commenting on the addition of Ethereum to BitPay, the CEO of BitPay said that Ethereum shows immense potential in terms of its market cap. It was only sensible for them to add it to the system as it aligns with the mission of BitPay to serve its customers with the best possible options for payment. The incorporation of Ethereum (ETH) into the Bitcoin payment service provider serves as a meaningful step towards its growth. However, the Bitcoin payment service provider has not been having a very smooth sailing.

A few weeks ago, BitPay’s partnership with Blockchain Inc. – a blockchain service provider – went through a rough patch. The issue is yet to be resolved at the press time.

Princess Ogono is a writer, lawyer and fitness enthusiast. She believes cryptocurrencies are the future. When she's not writing, she spends time with her adorable cat, Ginger and works out often.

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