• Kieran Gibbs, a Major League Soccer player, has revealed plans to convert half of his salary to bitcoin

  • Kieran Gibbs, a Major League Soccer (MLS) player for Inter-Miami CF (IMCF), has announced that he intends to convert half of his salary into bitcoin. Gibbs will use the crypto finance firm XBTO to convert his salary and avoid paying high fees.

    Kieran Gibbs of Inter-Miami CF will have half of his earnings converted to Bitcoin.

    Kieran Gibbs, an MLS player, has announced his intention to convert half of his salary to bitcoin (BTC). Gibbs, a left-back for IMCF, announced his intention to join the David Beckham-owned team at the end of March 2021. Gibbs, 31, plans to use the crypto finance firm XBTO in December 2021 to convert 50% of his USD salary into BTC. According to XBTO, Gibbs will not be charged conversion fees, and the funds will be transferred to his bitcoin wallet.

    XBTO claims to have extensive experience dealing with complex crypto conversions and gaining liquidity. The company also emphasizes that it has its own ESG-compliant mining operation, which provides it with access to freshly mined bitcoins. In a statement to Bitcoin.com News, IMCF star left-back Gibbs stated that he has been a long-time supporter of bitcoin.

    “I’ve been a fan of bitcoin and the crypto space for a long time, and I believe they have the potential to break down enormous social and economic barriers — crypto is for everyone,” Gibbs explained. “I hope that my collaboration with XBTO will help to raise awareness and education about cryptocurrencies and their enormous potential to positively impact global societies,” the soccer player added.

    Gibbs is one of a slew of athletes who have turned to cryptocurrency. Many people, including Green Bay Packers quarterback Aaron Rodgers, Carolina Panthers offensive lineman Russell Okung, Los Angeles Angels Shohei Ohtani, Argentinian soccer star Lionel Messi, American professional stock car racing driver Landon Cassill, New York Giants running back Saquon Barkley, and others, prefer to be compensated in cryptocurrency for marketing deals or salary conversions.

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