It’ll also start accepting cryptocurrency as payment for subscriptions.
The company estimates that it brought in $1.8 billion USD in revenue in Q1.
Marking the first time buyers in the memorabilia industry can use cryptocurrencies for purchases.
Becoming one of the first major payment networks to settle transactions in USDC.
Elon Musk explained how it works in a series of tweets.
The artist recently became the one of the first to debut a single as an NFT.
The activity took place between 2015 and 2018.
Rallying from a 25% drop in value earlier this year.
Among other cryptocurrencies.
One of the pieces sold for a whopping $389,000 USD.
Supporting over 1,500 cryptocurrencies.
The new Encrypto can only be purchased using cryptocurrency.