AT&T now accepts Bitcoin as payment for its 150+ million subscribers

AT&T, the world's largest telecommunications company, became the first major U.S. mobile carrier to accept Bitcoin for payment.

AT&T customers will now be able to select BitPay as a payment option, allowing for bill payment in Bitcoin and Bitcoin Cash.

The news follows a trend of increasing merchant acceptance of Bitcoin and other cryptocurrencies as a method of payment.

Starbucks and other major companies are contemplating accepting Bitcoin independent of a crypto-specific payments processor.

In December of 2017, Steam, a popular distribution platform for video games, stopped accepting Bitcoin because of high fees and volatility.

Amazon-owned Twitch ditched Bitcoin payments this March because of "Lack of demand."

Crypto as a method of payment is still trending towards more widespread acceptance.

Innovations that reduce fees and latency, such as Lightning Network, and progress from payment processors such as Coinbase Commerce, BitPay, and Flexa, make crypto an increasingly desirable method of payment.

In conjunction with acting as an effective marketing tool for engaging the crypto community, Bitcoin and other coins have the potential to gain traction against the established credit card industry.

Given the trend, it is likely that other major corporations will begin accepting crypto for payment.