More than two dozen crypto ATMs to be installed in HEB grocery stores in Texas – Bitcoin News
HEB buyers will soon be able to get digital assets in more than two dozen locations in Texas. Coin Cloud, a crypto-automated teller machine (ATM) provider, says 29 HEB stores will offer kiosks that provide access to more than 30 crypto assets, including challenge tokens and stablecoins.
HEB stores in Texas to host Coin Cloud digital currency ATMs
29 HEB locations will soon have cryptocurrency ATMs available to them. The machines will be provided by Coin Cloud, a digital currency ATM provider based in Las Vegas, Nevada. Coin Cloud calls its devices “digital currency machines” or “DCM”. The company is expected to reach 2,000 DCM installations once the HEB locations are completed.
In addition to HEB grocery stores, Coin Cloud has partnerships with the National Alliance of Trade Associations, United Natural Foods, Inc. (UNFI), and CAL’s Convenience Store. DCMs are spread across the United States and countries in South America as well.
In the United States, Coin Cloud has crypto machines in states like Delaware, Texas, Oregon, New Jersey, California, Kansas, Arizona, Oklahoma, Illinois, Ohio, Tennessee, etc.
According to a report of the Houston Chronicle, an executive at the HEB grocery chain confirmed that 29 stores will launch the pilot program. Most of the Coin Cloud HEB based DCM kiosks will be located in the Houston area.
Coin Cloud crypto machines accept both debit and credit cards, as well as cash. Friday’s announcement revealed that in the past six months, Coin Cloud has installed 750 DCMs.
“We are excited to reach this stage of our business as our growth is a tangible representation of the interest in digital currencies and Coin Cloud’s mission to provide communities with transparent options to buy and sell,” Chris McAlary , founder and CEO of Coin Cloud, noticed. “As we continue to expand, retailers will increasingly realize the important role digital currency will play in the future.”
According to coinatmradar.com statistics as of June 19, 2021, there are approximately 21,842 cryptocurrency ATMs installed worldwide. Other crypto ATM providers competing in Texas for ATM real estate include Coinsource, Rockitcoin, and Bitaccess.
What do you think of HEB grocery stores hosting 29 crypto ATMs? Let us know what you think of this topic in the comments section below.
Image credits: Shutterstock, Pixabay, Wiki Commons
Warning: This article is for informational purposes only. This is not a direct offer or the solicitation of an offer to buy or sell, nor a recommendation or endorsement of any product, service or business. Bitcoin.com does not provide investment, tax, legal or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or allegedly caused by or in connection with the use of or reliance on any content, good or service mentioned in this article.