The leading US convenience store chain Sheetz officially accepts cryptocurrencies and stablecoins as payment methods. The store accepts digital assets at 750 outlets across America and rewards customers for paying through it. The initial rollout at selected outlets enabled the store to extend the payment format nationwide.
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Expanded Payment Options & Customer Rewards
Sheetz has partnered with the cryptocurrency payment firm Flexa to enable digital transactions. The move allows customers to pay in cryptocurrencies like Bitcoin and Ethereum, among other digital assets. In addition, stablecoins like USDC are a payment method for customers at the billing counter.
“Following the success of the initial rollout at select locations, this expanded partnership means that all 750+ Sheetz locations can now accept digital asset payments through Flexa,” read the announcement. “This offers Sheetz customers an easier and more seamless way to pay using stablecoins like USDC, as well as other popular digital cryptocurrencies.”
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Advantages Of Using Cryptocurrencies at the Cash Counter
Flexa highlighted the services, citing the advantages of using cryptocurrencies at the cash counter. Digital currencies “enable consumers to make instant, fraud-proof payments using various digital assets, including Bitcoin, Ethereum, Litecoin, and stablecoins such as USD Coin, across all 750+ Sheetz locations in Pennsylvania, North Carolina, Virginia, West Virginia, Ohio, Michigan, and Maryland.”
Cryptocurrencies & Stablecoins Gains Steam Across the US
Source: Mashed / Ian Mikrut
Mainstream Market Adaptation
For cryptocurrencies to enter the mainstream market, leading firms need to make them an official form of payment. This helps advance digital assets to newer sectors and gains consumers’ adaptation. The more cryptocurrency is used, the more trust the market gains among people.
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Future Projections & Potential Price Increases
This development could lead to prices shooting up as cryptocurrency adaptation strengthens across the US. The next decade could be different as day-to-day chains soon accept digital assets as payments. This could make Bitcoin, Ethereum, Litecoin, and stablecoins gain further adaptation from consumers.
