Pornhub adds support for Tether following PayPal’s ban last year

Pornhub, a leading adult entertainment website, recently began supporting a new cryptocurrency payment method after PayPal ended support for the company’s models last year.

Pornhub’s management notes that it will now accept major stablecoin Tether, which maintains a one-to-one peg with the US dollar and currently has a market capitalization of over $4.6 billion. Pornhub users can now make instant and zero-fee payments with USDT through TronLink a popular digital asset wallet and browser extension.

TronLink can now be used to pay with USDT on Pornhub

TronLink is the native online wallet for Tron (TRX). The USDT stablecoin was added to the Tron network after Tether Ltd. teamed up with the Tron Foundation and launched the first Tron blockchain-based USDT tokens last year.

Pornhub models will have to download the TronLink wallet app in order to start performing transactions with USDT. The app is currently available on Apple Store and Google Play.

In addition to TronLink, Pornhub added support for Cosmo Payment, a newly developed payment processing platform.

This development has come shortly after PayPal suspended payment support for Pornhub models in November of last year. The payments giant halted its services because Pornhub allegedly processed certain payments without PayPal’s approval.

Crypto community suggests that Pornhub should start accepting Bitcoin

Crypto community members have suggested that Pornhub should start accepting Bitcoin as a payment option. The adult website has been encouraging users to pay with crypto. In August 2019, Pornhub teamed up with digital currency payment company PumaPay in order to accept crypto payments from users.

In 2018, Pornhub had also partnered with the developers of Verge to accept the privacy coin as payment for Pornhub Premium and all other products and services purchased from the adult website. XVG surged last year almost immediately after PayPal ended support for Pornhub.

Mentioned in this article

Tether TRON Verge

Ad

Nansen Collaborates with TRON DAO to Empower Developers and Users with Advanced Blockchain Insights

Ad

CryptoSlate on Substack cryptoslate.substack.com

Get the latest crypto news and expert insights. Delivered to you daily.

Join 90k+ subscribers

Latest Tether Stories

Tether prints $5 billion USDT in 5 days adding to bull run market liquidity

Stablecoins 2 weeks ago

The USDT liquidity boost coincides with Tether's launch of an open-source wallet development kit.

Tether’s trade finance division funds first oil deal via USDT

TradFi 2 weeks ago

The deal is Tether Trade Finance's first initiative to reinvest company profits into traditional finance.

Tether CEO quashes speculation of launching a Tether blockchain ‘at this time’

Stablecoins 3 weeks ago

Tether favors partnerships and supports integration across multiple networks instead of centralizing with its own blockchain.

Tether hits $7.7 billion in profit YTD as reserves reach record high

Earnings 3 weeks ago

The company added nearly $5 billion in US treasuries and 7,100 Bitcoin to its assets.

Latest Alpha Market Report

Available exclusively via

Polymarket: A revolution in prediction markets

Andjela Radmilac · 2 hours ago

CryptoSlate's latest report dives deep into Polymarket's evolution, its pivotal role in high-stakes prediction events like US elections, and the implications of its controversies on its market position.

Latest Press Releases

View All

Pepeto’s $600K Presale Highlights Vision for Supporting Memecoins Ahead of 2025

Chainwire 5 hours ago

New Meme Coin Catslap ($SLAP) Launches on Uniswap DEX

Chainwire 12 hours ago

Sui Foundation Enters into Strategic Partnership with Franklin Templeton Digital Assets

Chainwire 14 hours ago