Pornhub models drive up its cryptocurrency usage rates

Adult entertainment venture Pornhub reports that 10% of the models on its Modelhub platform have opted for crypto payouts.

The number of customers paying for Pornhub’s Premium features via cryptocurrency has been stable at around 1% since the option was offered in 2018. So it’s the models who have been driving up the usage rates.

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“There are many reasons why cryptocurrencies are viable in the adult entertainment industry,” says Pornhub VP Corey Price. “We’ve found that the high speed and low cost of transactions, combined with the anonymity benefits, make it especially appealing to models over traditional tender.”

The company supports the likes of Verge, Horizen, TRON, TRON-based USDT and PumaPay. In terms of the latter, it recently rolled out PumaPay recurring subscription crypto payments.

This enables its Premium offering to accept the PMA cryptocurrency token. Customers can manage their monthly and one-time payments via the PumaPay Mobile Wallet app.

PumaPay CEO, Yoav Dror, said: “This integration signifies another milestone for us as we continue to implement our business development plan and expand our hassle free crypto payment solution globally.”

Further integrations are planned, including YouPorn Premium and Redtube Premium.