Travala.com, a blockchain-based hotel booking platform, has announced that crypto users can now pay with the stablecoin Tether (USDT). Travelers can book a stay at any number of accommodations around the world on the online platform by using USDT.
Travala.com is an Amsterdam-based travel firm with over 17,000 employees around the world. The company’s platform offers crypto users access to over two million properties in more than 90,000 destinations across 230 territories.
In addition to Tether, Travala.com also accepts crypto payments in the form of Bitcoin, Ethereum, XRP, Litecoin, Binance Coin, Bitcoin Cash, Stellar, and Cardano. The company touts that its prices are up to 40% cheaper than other travel booking platforms.
Says CEO Matt Luczynski,
“Part of our mission is to provide our users with a wide choice of the most well known and used cryptocurrencies so it made perfect sense for us to integrate USDT as a payment option on Travala.com.”
Tether is the most popular cryptocurrency in terms of trading volume. At time of writing, Tether’s 24-hour trading volume is over $26.6 billion compared to Bitcoin’s $22.1 billion. Ethereum is a far third at $8.47 billion.
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