RATE Group | Burger King Venezuela Starts Bitcoin Payments in First of 40 Stores
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Burger King Venezuela Starts Bitcoin Payments in First of 40 Stores

04 Jan Burger King Venezuela Starts Bitcoin Payments in First of 40 Stores

Posted at 10:03h in Bitcoin News by

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Bitcoin (BTC) has come to Burger King in Venezuela as a new partnership opens up cryptocurrency payments at the fast-food chain.

Confirmed in a tweet on Dec. 30, a single Burger King branch in the Sambil area of Caracas now accepts Bitcoin, along with altcoins Ether (ETH), Litecoin (LTC), Binance Coin (BNB) and Dash (DASH), as well as stablecoin Tether (USDT).

Altcoins, Tether join BTC foray

A total of 40 locations will follow suit in 2020, according to a blog post from Dash executives about the move. 

Cryptobuyer is a Panama-based cryptocurrency merchant gateway startup that also runs a fleet of Bitcoin ATMs. It offers conversion of cryptocurrency funds for businesses, which it then pays out in fiat currency. 

“We are pleased to announce our commercial alliance with @BurgerKingVE,” part of the company’s tweet reads.

Venezuela continues to suffer from major economic turmoil, giving rise to efforts to boost cryptocurrency usage. The government has shunned borderless payment…

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