Dogecoin (DOGE), a cryptocurrency borne out of a joke, can at present be used as payment for tickets and trade for the Dallas Mavericks basketball game team.

The National Basketball Clan franchise confirmed Thursday that it has get the kickoff major business concern to have DOGE, assuasive users to convert the digital currency to fiat using BitPay.

The Mavericks take been accepting Bitcoin (BTC) payments through BitPay for near ii years. Interestingly, they were the 2d NBA team behind the Sacramento Kings to starting accepting BTC.

In addition to DOGE and BTC, Mavericks' fans can pay for merchandise using Bitcoin Cash (BCH), USDC, GUSD, PAX and BUSD.

BitPay CEO Stephen Pair says the NBA franchise is helping to pave the way for cryptocurrency adoption:

"BitPay believes that with continued cryptocurrency adoption, the manufacture is reaching an inflection signal that volition forever change consumer confidence, trust and pave the way for blockchain payments to disrupt the way consumers and businesses receive and spend funds."

Mavericks possessor Mark Cuban confirmed the news to Cointelegraph and explained his rationale for incorporating DOGE payments:

Information technology's real. And why wouldn't we take it? Our payment gateways back up information technology. Nosotros will HODL any we go. And it's great PR and fun to take it!"

The billionaire owner has flip-flopped on cryptocurrency in the past simply appears to have embraced the digital nugget class in contempo months. He recently warned Bitcoin naysayer Peter Schiff that golden will cease to be every bit a shop of value equally innovations in cryptocurrency make information technology easier for people to go their own bank.

As for Dogecoin, the cryptocurrency exploded in popularity earlier this twelvemonth — even surpassing Bitcoin in terms of tweet volumes — after the same Reddit crowd that pumped GameStop focused their efforts on DOGE. Elon Musk'southward warm encompass of the meme-based coin also contributed to its ascension.