01-24-2020 icon

Pornhub Announces New Cryptocurrency Payment Option

By Sagetwriter

Popular adult entertainment website Pornhub has added a new cryptocurrency payment option to aid easy payments of its models.

According to an official blog post, the website now offers support for the Tether (USDT) stablecoin , aiding easy, instant and zero fee payments for Pornhub models.

“Since PayPal’s decision to stop payouts to thousands of Models two months ago, we’ve been hustling to…offer you more options”…USDT transactions can take place “within a few seconds” and that there are “no fees.”

-Pornhub

The new service courtesy of the TRON (TRX) cryptocurrency and USDT partnership, will see the models receive payments via the Tronlink crypto wallet and browser extension.

Tronlink is the native wallet for Tron (TRX) cryptocurrency, and now supports USDT payments following a partnership between the Tether and Tron Foundation in April 2019.

To use this service, models are required to download the TronLink wallet app on the iOS and Google play store.

Bye-Bye to PayPal and Centralized Payments

This new development comes on the heels of PayPal halting support for Pornhub payments in November 2019, a move which prompted reactions from customers and models of the website.

In response to the restriction, the cryptocurrency community had recommended the integration of digital currency payments such as Bitcoin (BTC) on the platform; even though most of the models seemed to have very little knowledge of crypto at the time.

The move looks to have materialized now to offer the models and users access to easy and non centralized payments.

As a plus, the Tether USDT stablecoin serves a great crypto option to guard against the volatility of digital currencies; with stablecoins known to maintain their prices in bull or bear market.