Pornhub jumps into bed with Verge in new payment standard partnership

Pornhub jumps into bed with Verge in new payment standard partnership

While news of a mystery partnership seduced both Verge holders and eager investors earlier this month, matters reached a climax today as leading adult entertainment PornHub announced that it will now accept XVG tokens as payment.

In a statement from company Vice President Corey Price, Pornhub will accept Verge as payment for both its premium services as well as its available purchases.

Speaking to the press, Price elaborated that “we’re extremely excited to offer our fans the ability to use crypto and think Verge, with its focus on anonymity, is the best option – whether for privacy, convenience or both”.

Price went on to explain the genesis behind the partnership – elaborating that Pornhub had “approached (Verge) in a very deliberate selection process.”

“Not only is this an exciting announcement for us and the adult entertainment industry”, Price went on to say, “it’s exciting for the crypto space. History has proven that the adult entertainment industry plays a critical role in adoption for innovative technology. We saw that with VHS, Betamax, credit card payment icons and, most recently, VR goggles. We expect to see widespread adoption of crypto and blockchain in short order.”

The news marks the first occasion in which Pornhub has elected to extend its virility – previously, the platform has only accepted the US Dollar for payment purchases.

Verge token holders have been standing at attention since March this year, where Verge’s lead developers first encouraged participants to donate their tokens in an effort to secure a mystery partnership.

While it remains to be seen if Verge’s newfound relationship with Pornhub will be its only confirmed partnership in the months to come, the news comes as a breath of relief for investors in the wake of a network hacking attempt that apparently resulted in the theft of 250,000 XVG tokens.

Related Articles

CBDC adoption: Russia enters final phase to test digital ruble

Russia is in the final phase of testing a central bank digital currency (CBDC), which will be used for both national and international...

What exactly is DeFi? Decentralised finance explained

DeFi is a set of technologies that enables people to manage their funds on a peer-to-peer basis and it's changing the way money can be used.

Expansion: Coinbase will be launching in the Netherlands

As part of its global expansion, Coinbase has announced that it has been granted regulatory approval from the Netherlands' national bank.

Is Bitcoin better than retail estate as an investment?

According to MicroStrategy CEO Michael Saylor, Bitcoin presents a much better long-term asset than property.

See All