RALEIGH, NC - Don Waddell, President and General Manager of the National Hockey League's Carolina Hurricanes, today announced that CarolinaProShop.com, the team's owned and operated e-commerce platform, will soon accept cryptocurrency payments through a partnership with payment provider BitPay.
The market opportunity for crypto is huge, offering local, national and international Hurricanes' supporters a new payment option to spend crypto and enjoy fan merchandise. Caniacs can now purchase jerseys, pucks, decals, items featuring the team's mascot Stormy and more with crypto.
"We are always looking for ways to improve the shopping experience on CarolinaProShop.com for our fans," said Waddell. "By partnering with BitPay, we are able to establish a presence in the rapidly growing cryptocurrency market and provide our fans with increased payment flexibility."
BitPay currently accepts 13 cryptocurrencies, including Bitcoin (BTC), Bitcoin Cash (BCH), Dogecoin (DOGE), Ethereum (ETH), Litecoin (LTC), Wrapped Bitcoin (WBTC), XRP [outside United States], Shiba Inu (SHIB) and five USD-pegged stable coins (GUSD, USDC, USDP, DAI and BUSD). The total market cap of these exceeds $1.5 trillion, accounting for more than 70% of the global crypto market cap.
"Crypto holders and sports fans have a lot in common as both are enthusiastic and dedicated, making crypto a natural fit for the Carolina Hurricanes to add to its payment options," said Stephen Pair, CEO of BitPay. "We are excited to make crypto acceptance easy for the Carolina Hurricanes and tap into this growing base of crypto users."
Founded in 2011, BitPay celebrates its 10th birthday this year as one of the oldest cryptocurrency companies. As a pioneer in blockchain payment processing, the company's mission is to transform how businesses and people send, receive, and store money. Its business solutions eliminate fraud chargebacks, reduce the cost of payment processing, and enable borderless payments in cryptocurrency, among other services. BitPay offers consumers a complete digital asset management solution that includes the BitPay Wallet and BitPay Prepaid Card, enabling them to turn digital assets into dollars for spending at tens of thousands of businesses. The company has offices in North America, Europe and South America and has raised more than $70 million in funding from leading investment firms including Founders Fund, Index Ventures, Virgin Group, and Aquiline Technology Growth. For more information visit bitpay.com.