Cryptocurrency in retail automotive has been a conversation for some time. Recent deals in several US dealerships have further moved crypto for cars from theoretical into a practical option with signs of spreading further.
Gotta go fast! A Saudi Arabian buyer paid for a 2021 Mercedes-Benz S580 from a Fort Mitchell, KY, dealer using Ethereum crypto. The transaction came about when the dealership informed the buyer it could not hold the vehicle for the seven days the wire transfer would take, which a quick down payment in crypto resolved.