Pornhub Models Lose PayPal Payouts. Bitcoin, XRP, Tron Come to the Rescue

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Thu, 11/14/2019 - 06:10
Alex Dovbnya
Crypto seems like an obvious option for Pornhub models now that they have been abandoned by PayPal
Pornhub Models Lose PayPal Payouts. Bitcoin, XRP, Tron Come to the Rescue
Cover image via pixabay.com

Pornhub has just announced that all its models have been ditched by payment giant PayPal. Thus, thousands of performers will lose payouts that are necessary to pay their bills.

From now on, models will have to settle with any available payment method (Paxum, Check, the Verge cryptocurrency). Direct deposits are only available for American and Canadian Pornhub users.      

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In the light of such a devastating piece of news, multiple cryptocurrency influencers have stepped up to offer a helping hand. Particularly, Tron CEO Justin Sun points out that Tron (TRX) is already accepted by the Canadian pornography giant. He also plans to add the support for Tron-based USDT. As reported by U.Today, USDT-TRC20 would be able to become the biggest stablecoin.         

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Meanwhile, Changpeng Zhao, the CEO of the Malta-based cryptocurrency exchange, believes that it sounds like an opportunity for crypto. Some of his followers suspected that a partnership between Binance and Pornhub could be already in the works.    

Earlier in November, NetCents, the partner of Pornhub, added support for Ripple's XRP. Hence, it led to speculations that the adult entertainment behemoth could also embrace the third biggest token.  

About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.