American fast-food giant, Chipotle, accepts crypto as digital payment option
Chipotle, a well known US speedy-meals business, is forging a new marriage that will enable it to take cryptocurrency as payment.
Chipotle will now acknowledge crypto belongings only on the Flexa system at any of its retail outlet destinations in the United States, according to a current web site post by electronic payments network Flexa.
“We’re enthusiastic to announce that Chipotle is now accepting digital currency payments exclusively by Flexa,” claims the corporation.
Chipotle is the most current retailer to settle for crypto payments with Flexa, and you can now use your bitcoin and other digital currencies to pay for burritos, bowls, and additional at any Chipotle site in the United States utilizing any Flexa-enabled smartphone.
Practically 100 digital belongings are currently supported by Flexa, which includes the primary electronic assets Bitcoin (BTC) and Ethereum (ETH), well-known meme tokens Dogecoin (DOGE) and Shiba Inu (SHIB), as nicely as layer-1 protocols like Avalanche (AVAX) and Cardano (ADA).
Just lately, the CEO of Binance, the world’s most significant cryptocurrency trading system, stated that there are persons, together with himself, who would use crypto property to acquire meals.
When questioned if he purchases burritos using electronic property in a new job interview with CNBC’s Squawk Box, Binance CEO Changpeng Zhao answered that he does mainly because he doesn’t have any fiat currency appropriate now.
“I do [purchase burritos with cryptocurrency].” I routinely use Binance Coin (BNB) to make purchases… I really don’t have any money anything is finished in cryptocurrency…
You can preserve some of your expending cash in crypto and use it to spend for goods from afar… You can select to invest in a burrito if you want to, as extended as it is attainable I’m a compact percentage of the inhabitants, but there are sufficient of us.”