{"id":41084,"date":"2021-04-20T16:15:42","date_gmt":"2021-04-20T13:15:42","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=41084"},"modified":"2025-08-30T17:10:10","modified_gmt":"2025-08-30T14:10:10","slug":"wework-to-accept-cryptocurrency-payments-in-partnership-with-bitpay","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/wework-to-accept-cryptocurrency-payments-in-partnership-with-bitpay\/","title":{"rendered":"WeWork to accept cryptocurrency payments in partnership with BitPay"},"content":{"rendered":"<p>WeWork, a provider of flexible workspaces, will add support for cryptocurrency payments as part of a partnership with the processing service BitPay. Coinbase, the exchange, was the first participant.<\/p>\n<p><!--more--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">In partnership with <a href=\"https:\/\/twitter.com\/BitPay?ref_src=twsrc%5Etfw\">@BitPay<\/a> and <a href=\"https:\/\/twitter.com\/coinbase?ref_src=twsrc%5Etfw\">@coinbase<\/a>, we will begin servicing a new economy by accepting payment in select cryptocurrencies. <a href=\"https:\/\/twitter.com\/hashtag\/wework?src=hash&#038;ref_src=twsrc%5Etfw\">#wework<\/a> <a href=\"https:\/\/t.co\/d3bvYITLA4\">https:\/\/t.co\/d3bvYITLA4<\/a><\/p>\n<p>\u2014 WeWork (@WeWork) <a href=\"https:\/\/twitter.com\/WeWork\/status\/1384475251816402945?ref_src=twsrc%5Etfw\">April 20, 2021<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The company will begin accepting bitcoin, Ethereum, USD Coin (USDC) and Paxos (PAX) stablecoins, as well as &#8220;some other&#8221; cryptocurrencies. It intends to hold the digital assets on its balance sheet.<\/p>\n<p>Sandeep Mathrani, the head of the company, said the expansion of payment methods is aimed at meeting customers&#8217; needs.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;When we think about the workspace and business of the future, we must regard cryptocurrencies as a central element of the discussion. Cryptocurrencies help create a stronger global economy,&#8221; said Marcelo Claure, chairman of WeWork.<\/em><\/p>\n<\/blockquote>\n<p>The Block analyst Larry Cermak pointed to a &#8220;major shift in sentiment&#8221; among large companies. He said that in 2021, firms announcing crypto payments support were actually holding them on their balance sheets.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">The big change we are seeing this year is that companies that are announcing crypto payments support are actually holding them on their balance sheet. Actually a big sentiment shift \u2014 first Tesla and now WeWork. <a href=\"https:\/\/t.co\/AgwYTEZXgp\">pic.twitter.com\/AgwYTEZXgp<\/a><\/p>\n<p>\u2014 Larry Cermak (@lawmaster) <a href=\"https:\/\/twitter.com\/lawmaster\/status\/1384471945287282688?ref_src=twsrc%5Etfw\">April 20, 2021<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Earlier, Elon Musk announced<a href=\"https:\/\/forklog.com\/en\/news\/elon-musk-says-tesla-has-begun-selling-electric-cars-for-bitcoin\"> the start of sales<\/a> of Tesla electric cars for Bitcoin in the United States. In February the company<a href=\"https:\/\/forklog.com\/en\/news\/elon-musks-tesla-invested-1-5-billion-in-bitcoin-the-assets-price-rose-to-44800\"> invested $1.5 billion in digital gold<\/a>.<\/p>\n<p>In April 2021, TIME magazine reached an agreement with asset manager Grayscale to produce a series of videos about the bitcoin industry<a href=\"https:\/\/forklog.com\/en\/news\/grayscale-to-pay-time-in-bitcoin-for-a-series-of-videos-about-the-crypto-industry\"> paid in the first cryptocurrency<\/a>.\u00a0<\/p>\n<p>Subsequently, the publication<a href=\"https:\/\/forklog.com\/en\/news\/time-begins-accepting-cryptocurrency-for-subscription-payments\"> added<\/a> the ability to subscribe using digital assets.<\/p>\n<p>Newegg<a href=\"https:\/\/forklog.com\/en\/news\/newegg-adds-dogecoin-as-a-payment-option\"> began accepting Dogecoin<\/a> via the BitPay processing service.<\/p>\n<p>Subscribe to ForkLog news on <a href=\"https:\/\/vk.com\/forklogcom\" target=\"_blank\" rel=\"nofollow noopener\">VK<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>WeWork, a provider of flexible workspaces, will add support for cryptocurrency payments as part of a partnership with the processing service BitPay. Coinbase, the exchange, was the first participant.<\/p>\n","protected":false},"author":1,"featured_media":41085,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,252],"class_list":["post-41084","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-bitpay"],"aioseo_notices":[],"amp_enabled":true,"views":"15","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/41084","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=41084"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/41084\/revisions"}],"predecessor-version":[{"id":41086,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/41084\/revisions\/41086"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/41085"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=41084"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=41084"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=41084"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}