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Ralph Lauren Now Accepts Shiba Inu at Miami Store

Ralph Lauren has partnered with BitPay to accept payments in 16 cryptocurrencies, including Shiba Inu, at its new luxury-themed retail concept store in Miami's Design District. This marks the first time Ralph Lauren accepts crypto payments in any of its stores, joining the growing list of companies that recognize the importance of crypto payments and blockchain technology. Customers can purchase a range of clothing, accessories, and one-of-a-kind handbags and accessories using their preferred crypto wallets, with refunds given in the same cryptocurrency used for the original payment. Ralph Lauren has also announced a multi-tiered partnership with Web3 leisure community Poolsuite, gifting all members a Poolsuite x Ralph Lauren NFT that will unlock access to an exclusive in-person event. The move follows similar steps taken by other luxury brands, including Gucci, which announced in May 2022 that it would accept payments in cryptocurrencies such as Shiba Inu, Bitcoin, Ethereum, and Dogecoin.

(By ZABI)

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