Texas cryptocurrency users will soon be able to buy and sell tokens and cryptocurrencies at the large H-E-B supermarket chain.
Texas: tokens and cryptocurrencies in a supermarket chain
According to Friday’s article Houston Chronicle, the cryptocurrency company Coin Cloud is getting ready to install its bitomats in 29 H-E-B stores in the Houston area. The devices will allow customers to buy and sell over 30 cryptocurrencies, including Bitcoin (BTC), Ethera (ETH), Dogecoin (DOGE), Litecoin (LTC), some DeFi tokens and US dollar tied stablecoins.
Coin Cloud CEO and founder Chris McAlary said he expects that “Retailers will become increasingly aware of the important role that digital currency will play in the future.”
Texas is also becoming, in a way, a Mecca for cryptocurrency mining companies. This is the result of easier access to state-owned renewable energy sources. Blockcap has announced it will set up an office in Austin, and Riot Blockchain has announced it plans to acquire a large facility east of the state capital for $ 650 million. A mine of digital currencies is to be built there.
Founded in 1905, H-E-B is one of the oldest supermarket chains in Texas, with 400 locations statewide as well as Mexico. The company was ranked 13th on the Progressive Grocer 2021 list of North America’s Best Food and Supplies Retailers and was praised by many for the food donations it made after major natural disasters occurred there.
Bitomats in the world
In 2020, there was a sharp increase in the number of ATMs that handle digital coins. According to Norwegian financial services company AksjeBloggen, 5,336 bitomats were installed worldwide in September 2019. According to the latest research, this number over the course of the year increased by 87% and in the fall of 2020, we were able to convert cryptocurrencies into cash in over 10 thousand. points. In 2020 alone, 3,900 new bitcoin ATMs were installed.
CoinATMRadar monitoring service points and that there are currently 21,840 bitomats in 72 countries.
Most bitomats are in the USA (18,951), Canada (1,531) and Great Britain (193). Depending on the bitomat, cryptocurrency holders can buy and sell major cryptocurrencies this way, including Bitcoin (BTC), Bitcoin Cash (BCH), Ethera (ETH), Dasha (DASH), Litecoin (LTC), Zcasha (ZEC), Monero (XMR), Dogecoin (DOGE), Tethera (USDT) and XRP.