Over two dozen H-E-B stores in Texas will soon receive virtual currencies to customers. Coin Cloud, a cryptocurrency ATM provider, has announced that 29 H-E-B shops will have kiosks with exposure to more than 30 cryptocurrencies, including defi tokens and stablecoins.
Coin Cloud Digital Currency ATMs to be Installed in H-E-B Stores in Texas
Digital currency ATMs will soon be available at 29 H-E-B stores. Coin Cloud, a cryptocurrency ATM provider located in Las Vegas, Nevada, will offer the machines. The devices are referred to as “digital currency machines” or “DCMs” by Coin Cloud. After the H-E-B stores are completed, the business expects to achieve 2,000 DCM installations.
Coin Cloud has relationships with the National Alliance of Trade Associations, United Natural Foods, Inc. (UNFI), and CAL’s Convenience Store, in addition to H-E-B grocery locations. The DCMs can be found all around the United States, and also in South America.
Coin Cloud’s cryptocurrency machines can be found in states such as Delaware, Texas, Oregon, New Jersey, California, Kansas, Arizona, Oklahoma, Illinois, Ohio, Tennessee, and others in the United States.
As per the Houston Chronicle, an H-E-B grocery store manager announced that the pilot scheme will begin in 29 locations. The majority of the Coin Cloud H-E-B-based DCM kiosks will be in Houston.
Coin Cloud cryptocurrency machines accept cash as well as debit and credit cards. Coin Cloud deployed 750 DCMs in the previous six months, according to the release made on Friday.
“We’re thrilled to reach this juncture of our business, as our growth is a tangible representation of interest in digital currencies and of Coin Cloud’s mission to provide communities with seamless options to buy and sell,” Chris McAlary, the founder and CEO of Coin Cloud, remarked. “As we continue to expand, retailers will become increasingly aware of the important role digital currency plays in the future.”
As per coinatmradar.com, there are roughly 21,842 digital currency automated teller machines deployed worldwide as of June 19, 2021. Coinsource, Rockitcoin, and Bitaccess are among the other cryptocurrency ATM operators competing for ATM locations in Texas.