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MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...
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General Motors CEO: ‘Nothing Precludes GM From Accepting Bitcoin if There’s Consumer Demand’

General Motors CEO Says ‘Nothing Precludes GM From Accepting Bitcoin if There’s Consumer Demand’

The CEO of General Motors (GM), America’s largest automaker, says that nothing precludes her company from accepting bitcoin if there is consumer demand for it. “Certainly, we want to make the whole buying and ownership experience as easy as possible,” said the GM chief executive.

GM Will Accept Bitcoin if There’s Demand, CEO Indicates

Mary Barra, the CEO of General Motors (NYSE: GM), talked about the prospect of the largest automaker in the U.S. accepting bitcoin in an interview with CNBC Wednesday.

Referencing Tesla CEO Elon Musk stating last week that his electric car company may start accepting BTC again, Barra was asked whether GM will be accepting the cryptocurrency for payments. She replied:

There’s nothing that precludes us from doing that. We will be driven by our customers. Certainly, we want to make the whole buying and ownership experience as easy as possible. We will follow their lead.

When Tesla announced in February that it would accept bitcoin for payments, the GM CEO said that her company was not interested in doing the same. However, in an earnings call at the end of March, Barra softened her stance on BTC and said the company would consider accepting the cryptocurrency “if there’s strong consumer demand.” She confirmed Wednesday that her company’s position on bitcoin has not changed.

Meanwhile, Musk said this week that Tesla will resume accepting bitcoin “When there’s confirmation of reasonable (~50%) clean energy usage by miners with positive future trend.”

Do you think General Motors will soon accept bitcoin for payments? Let us know in the comments section below.

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