Elon Musk, the founder of TBC, appeared to verify the information in a tweet on Wednesday.
Customers can now use Dogecoin to pay for rides on Elon Musk’s The Boring Company (TBC) transit system in Las Vegas.
According to a report published by CNBC on Wednesday, the new BitPay payment option first appeared on July 1, one day after the opening of the Las Vegas Convention Center’s new Loop station.
Elon Musk, the founder of The Boring Company, appeared to confirm the new payment mechanism even though the company hasn’t formally announced it.
The same day, DogeDesigner, a graphic designer for the Dogecoin Foundation, posted a video to his 13,600 Twitter followers using BitPay to pay 37.52 DOGE for a day pass and navigating the Vegas Loop booking page.
The fourth stop on the 1.7-mile Las Vegas Convention Center Loop is the new Loop station, which is tucked away beneath Resorts World Las Vegas, an integrated resort.
Commuters can board Tesla-branded electric vehicles piloted by humans from one stop to the next using the underground tunnel system.
It differs significantly from the initial designs for the Vegas hyperloop, which called for using magnetic propulsion to swiftly transport passenger-carrying capsules through a pressurized tunnel system.
The business is still aiming to integrate driverless cars into its transportation network in Vegas in the future.
The most recent addition to Musk’s network of businesses is the support for Dogecoin payments on Loop.
Dogecoin’s value increased 25% as a result of Tesla CEO Elon Musk’s statement in December that the electric car manufacturer would start accepting DOGE for some goods sales.
Although there was no discernible effect on the price, Musk indicated in May 2022 that he intended to expand the SpaceX payment option.
At the time of writing, the price of Dogecoin is $0.06851, up roughly 1.15% over the previous 24 hours.