Pornhub adds Tether to its payment options via TRON wallet

Stablecoins • January 23, 2020, 2:26AM EST
UPDATED: January 23, 2020, 11:01AM EST
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Adult entertainment website Pornhub has added Tether (USDT) stablecoin to its payment options.

Announcing the news on Wednesday, Pornhub said it is using the TRONLink wallet for USDT transactions.

The new payment option comes two months after PayPal abruptly cut off its service to Pornhub in November.

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

Justin Sun, CEO of TRON, said Pornhub’s decision to add USDT via TRONLink is “a brilliant way to support the victims of centralized payment platforms like PayPal.”

Pornhub has also been supporting the privacy-oriented coin Verge (XVG) on its platform since April 2018.

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Yogita Khatri profile picture Yogita Khatri

Yogita Khatri is a senior reporter at The Block and the author of The Funding newsletter. As our longest-serving editorial member, Yogita has been instrumental in breaking numerous stories, exclusives and scoops. With over 3,000 articles to her name, Yogita is The Block's most-published and most-read author of all time. Before joining The Block, Yogita wrote for CoinDesk and The Economic Times. You can reach her at [email protected] or follow her latest updates on X at @Yogita_Khatri5.

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