- H-E-B grocery stores will install crypto ATMs in their stores in Texas.
- Texans can buy over 30 types of cryptos directly with cash or cards.
- Coin Cloud will be providing the machines.
H-E-B introduces crypto ATMs at over 29 locations in the state of Texas. The popular grocery store is installing crypto automated teller machines (ATMs). Coin Cloud is supplying the ATMs. The kiosks will make their appearance in the H-E-B stores very soon.
In detail, most of these locations will be around the Houston area. Moreover, the kiosks will bring access to more than 30 cryptos. Users can choose to invest in multiple assets from popular cryptos to stablecoins to other DeFi tokens.
Notably, Coin Cloud is a digital currency ATM provider. Its kiosks are known as digital currency machines (DCM). Moreover, the company aims to install 2,000 DCM following the H-E-B plan.
Furthermore, Coin Cloud has ongoing partnerships with the National Alliance of Trade Associations, CAL’s Convenience Store, and United Natural Foods Inc, (UNFI). Presently, its DCM’s are placed in various locations around the USA and South America.
Specifically, within the USA, Coin Cloud placed DCMs in states like Arizona, California, Delaware, Illinois, Kansas, New Jersey, Ohio, Oklahoma, Oregon, Tennessee, and more. At the moment, the kiosks accept payment in the form of cash, debit cards, and credit cards.
The Founder and CEO of Coin Cloud, Chris McAlary says,
As we continue to expand, retailers will become increasingly aware of the important role digital currency plays in the future.
Crypto ATMs are slowly gaining more popularity. With more and more corporations buying digital assets like Bitcoin, the legitimacy of crypto investments has risen. For instance, TRON CEO, Justin Sun pledged to buy more Bitcoin.
On the other hand, some celebrities have also expressed their interest in cryptos. For example, Neil Patrick Harris was an early Bitcoin investor. Recently, he partnered with CoinFlip, a Bitcoin ATM provider. With this, he aims to educate people on the ease of crypto accessibility.