Home Cryptocurrency News Chipotle will now settle for cryptocurrency in US shops – The Block Crypto

Chipotle will now settle for cryptocurrency in US shops – The Block Crypto

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Chipotle, the favored Mexican-style fast-food restaurant chain, will now settle for cryptocurrency funds by means of Flexa, a digital funds platform.  

Flexa helps round 98 currencies, together with BTC and ETH. Prospects can use the app to pay for meals objects in any of the practically 3000 Chipotle eating places in the US. 

To pay with Flexa, clients might want to obtain Gemini or SPEDN app, each of which retailer digital property. Prospects can then use the app and faucet it in-store to make a fee.

Chipotle joins a protracted record of eating places that presently settle for cryptocurrency. Subway, one of many first to just accept Bitcoin in shops, began as early as 2013. Pizza Hut in Venezuela additionally started accepting crypto again in 2020. Starbucks, like Chipotle, accepts cryptocurrency as fee by means of Flexa. 

Different fast-food chains are attempting to experiment in blockchain and crypto in different methods, making an attempt to create hybrid digital-physical experiences. Taco Bell, KFC, Chick-fil-A, and Carl’s Jr. are just some chains to have not too long ago filed for model logos for NFTs. 

In April, Wendy’s labored with Meta to launch a digital Wendy’s retailer, the place customers can create an avatar and sit at digital tables with digital meals.

Chipotle was even earlier to the digital retailer development, with a digital restaurant on Roblox for Halloween in 2021. Gamers may gown up their avatars in Chipotle-themed costumes like utilizing a bag of chips as a ghost or a burrito mummy. On this experiment, the primary 100,000 customers acquired free burritos on-line, which might be redeemed for actual ones in bodily shops.

© 2022 The Block Crypto, Inc. All Rights Reserved. This text is offered for informational functions solely. It isn’t provided or meant for use as authorized, tax, funding, monetary, or different recommendation.

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