Chipotle Mexican Grill (CMG), the international chain of fast-casual restaurants, will now be accepting cryptocurrency payments across its outlets within the US.
CMG has enlisted Flexa, a provider of digital payments, to help with these cryptocurrency transactions. Together with Bitcoin, Ether, and Solana — Flexa supports a complete of 98 cryptocurrencies as for now.
The Web3-focussed move by this 28-year-old chain indicates towards the rapidly growing crypto grill adoption rate within the US.
In order to procure their burritos and other fast foods at the CMG via crypto. So customers will need to download either one among these two apps — Gemini or SPEDN, so as to store their crypto assets.
This would make it possible for individuals to make in-store transactions using alternative currency like Dogecoin and Cardano, among others. Over 3,000 CMG outlets within the US are currently offering a tenth discount to customers who make their next purchase in any cryptocurrency using Flexa.
The CMG has chosen an environmentally friendly partner to handle payments made in digital currency. As it advances its efforts to promote crypto use. To maintain a very carbon-negative network, Flexa balances the carbon emissions of all of its blockchain. And also operational activities with high-quality, confirmed carbon offsets.
Today, we’re happy to announce that Chipotle will only accept payments made using digital currencies crypto grill through Flexa
Meanwhile, this is often not the primary time that the Mexican food chain is extending its forward nudge. Towards the crypto sector.
In order to celebrate National Burrito Day, Chipotle announced a giveaway of $100,000 in free burritos. With the equivalent amount in Bitcoin.
On social media at the time, the move had generated a lot of excitement. The CMG entered the Web3 gaming market earlier this year. After introducing its own in-game currency, Burrito Bucks, on Roblox (RBLX).
This is frequently used as the in-game cash in CMG’s Roblox game Burrito Building. Several restaurant chains and eateries are experimenting with crypto payments due to the expanding crypto-sphere.
Florida-based Crypto Street Restaurant in the US first accepted cryptocurrency payments from customers in December 2021. Even meals with cryptic names like “DogeDog” are on this restaurant’s menu.
A restaurant in India is additionally offering crypto-themed food it its customers in Bengaluru city. The eatery, called “Voosh,” serves items like Chicken Tikka Crypto Samosa, Smart Contract Poha, and Bitcoin Masala Oats.
Sandwich-maker Quiznos and Shake Shack are other prominent name within the food business. However it have integrated cryptocurrencies with their payment options.