Airbnb Crypto Payment Plans — Solana, Cardano, XRP, Shiba Inu May Or May Not Make The List

Original author: Collins K.O

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Co-founder and CEO of Airbnb, Brian Chesky, has confirmed that his company is already underway with plans to integrate crypto payments into its platform. The planned crypto adoption will follow the likes of AMC Theatres, which now accept payments for movies in Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), and Bitcoin Cash (BCH), and Shiba Inu (SHIB).

Chesky, on Monday, threw open a suggestion poll on Twitter to find out what areas of service esteemed twitter users and customers of the peer-to-peer rental giant would like the company to improve. The results reveal thousands of valid suggestions, with the top 7 being:

1. Adoption and integration of crypto payments
2. Clear pricing displays
3. Effective visitor loyalty program
4. Updated cleaning fees
5. Longer stay plans and improved discounts 
6. Satisfactory customer service
7. Commercial co-working spaces (kitchens, recording studios, tech hubs).

The outcome of the poll will mark the umpteenth time Chesky is confronted with a barrage of requests for crypto payment options. Back in November, a cheeky Chesky had disclosed to Fox business that the company has received a lot of messages requesting crypto integration before the turn of the new decade.

“We get a lot of requests. We’ve been getting it for years.”

The quadragenarian billionaire replied and afterward took time to shrug off any hints of crypto averseness, stating that the current CEO of Coinbase once worked for Airbnb. 

What Cryptos Are on Airbnb’s Table?

In response to his tweet, Chesky added that “crypto payments is inclusive of a variety of token ideas.” This gives hope that several crypto assets are currently under consideration.

While it is unclear if Chesky will permit only top industry players like Bitcoin and Ethereum; or try to avoid volatility with stablecoins like USDT, USDC, Binance USD, and Terra; or adopt other promising altcoins with an impressive use case like Solana, Cardano, and XRP; or stick to the hype-filled memes coins like Dogecoin and Shiba Inu, many experts believe its decision will be largely informed by the resolve to offer better service and mitigate against the risk that comes with profitability.

Demographically, Airbnb’s customer base is in perfect sync with the class of users ramping up cryptocurrency adoption rates across the globe. In 2021, one-third of its users were between the ages of 24 and 25, with an additional 23% representing users between the ages of 35 and 44. A greater 74% of its users are between the ages of 18 to 44. This outcome tallies over 45% of millennials globally, who are comfortable investing and transacting in cryptocurrencies.