PornHub Performers Will Be Able to Receive Payments in Cryptocurrency
Tether cryptocurrency is pegged to the company's dollar reserves.
The largest porn service, PornHub, has offered performers the option to receive payments in Tether cryptocurrency. This is reported in the company's blog.
Performers will also be able to receive money through the free Cosmo Payment service, which allows transactions via a mobile app using a bank card. Among other things, performers will be able to receive deposits.
The cryptocurrency Tether (USDT) offered by the site is a stablecoin pegged to the company's dollar reserves. It can be exchanged for real money at a rate of 1:1 against the US dollar. The company noted that cryptocurrency payments are processed without fees and within a few seconds.
The company made this decision after ending its cooperation with the payment service PayPal, which stopped payouts without warning or explanation. Later, PayPal gave a reason: PornHub allegedly "made certain business payments without proper authorization".
Earlier, an American said he would sue the popular porn site PornHub. He claims the site does not fully provide access to deaf and hard-of-hearing people.
Also, according to the company's data, Ukrainians rank 16th among the site's most frequent visitors.
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