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 declared that he intends to convert half of his salary into bitcoin. Gibbs will use the crypto finance business XBTO to convert his paycheck and avoid paying high fees.

Kieran Gibbs, an MLS player, has revealed his plan to convert half of his income to bitcoin (BTC). Gibbs, a left-back for IMCF, stated his intention to join the David Beckham-owned squad at the end of March 2021. Gibbs, 31, plans to use the crypto finance startup XBTO in December 2021 to convert 50% of his USD salary into BTC. According to XBTO, Gibbs will not be charged conversion costs, and the monies will be sent to his bitcoin wallet.

XBTO claims to have extensive expertise dealing with difficult crypto conversions and achieving liquidity. The firm also emphasizes that it has its own ESG-compliant mining facility, which provides it with access to newly produced bitcoins. IMCF star left-back Gibbs stated that he has been a long-time admirer of bitcoin. Kieran Gibbs said:

“I’ve been a fan of bitcoin and the crypto space for some time now, and I believe they have the ability to break down huge social and economic barriers — crypto is for everyone, I hope my partnership with XBTO can further the awareness and education of cryptocurrencies and their tremendous potential to positively impact global societies,” 

Kieran Gibbs is one of a number of players that 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.

Patrick

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