In a major development, Mercari, one of Japan’s top e-commerce platforms, is shaking up the crypto scene. Starting in June 2025, users will be able to buy items listed on the site using Bitcoin (BTC), as the company integrates cryptocurrency payments through its crypto exchange subsidiary, Melcoin.
How It Works:
The platform’s flea market-style app will continue displaying product prices in Japanese yen, but with the added option to pay in Bitcoin. Sellers, however, will still receive their payments in yen, thanks to the real-time conversion of Bitcoin into local currency via Melcoin’s exchange partner.
By introducing crypto payments, Mercari is stepping into the growing world of digital currency without making things complicated for its sellers.
Adding XRP follows the success of their Bitcoin and Ethereum trading features. Now, users can buy and sell XRP using Mercari points or Merpay balances, which makes the process more accessible for beginners, particularly since about 90% of users are new to crypto.
Mercari isn’t the only company in Japan jumping on the cryptocurrency bandwagon. Rakuten, another major e-commerce platform, has already embraced crypto for some time now. Users can even convert loyalty points into digital currencies. With both of these platforms leading the way, Japan is really at the forefront of bringing crypto into people’s daily lives.
Also Read: CME Group to Launch XRP Futures on May 19
