Adult entertainment website Pornhub has added a new cryptocurrency payment option after PayPal had abruptly stopped servicing its models in late 2019.
According to a Jan. 23 blog post, Pornhub now supports Tether - a major United States dollar-pegged stablecoin - to allow instant and zero-fee payments via the crypto wallet and browser extension TronLink.
In order to start sending and accepting payments in Tether, Pornhub models download the TronLink wallet app that is available both on Apple Store and Google Play, Pornhub noted.
Alongside Tether, Pornhub is also now supporting a new payment processor known as Cosmo Payment.
Tron CEO Justin Sun subsequently commented about the news on Twitter, saying that the new crypto payment option is a good way to support "Victims of centralized payment platforms like PayPal."
PayPal halted its service for Pornhub due to alleged payment permission violations.
The news comes after PayPal, one of the world's biggest online payment processors, halted its payment support for Pornhub models in mid-November 2019.
Following the news, the crypto community made a push for major cryptocurrency Bitcoin as a new payment option on Pornhub.
In August 2019, the adult entertainment streaming website partnered with cryptocurrency payment and billing startup PumaPay to enable user payments in crypto.
Back in 2018, the adult entertainment website partnered with cryptocurrency Verge to accept the coin as payment for Pornhub Premium and all Pornhub purchases.
Pornhub Adds Tether Stablecoin as New Crypto Payment Option
Udgivet den Jan 23, 2020
by Cointele | Udgivet den Coinage
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