Bitcoin ATMs Coming To Circle K, But Only In US And Canada

Circle K will introduce Bitcoin ATM (UK RIL)

JAKARTA – In the midst of widespread adoption of cryptocurrencies, a Bitcoin ATM provider in the world, Bitcoin Depot, is reportedly working with Circle K for those in the United States and Canada. Bitcoin ATMs will be available throughout Circle K in the US and Canada in the near future.

The announcement was made by Bitcoin Depot. The company wrote that it has installed 700 Bitcoin ATMs at Circle K in 30 states.

“An exclusive international partnership with Circle K that spans the US and Canada with over 700 bitcoin ATMs in 30 states is already installed,” said Bitcoin Depot.

"Circle K is the first major retail chain to use bitcoin ATMs in its stores," the company wrote.

For information, Circle K is a chain of minimarkets and fuel stations from the United States which was founded in El Paso Texas in 1951. The minimarket network is operated by a global Canadian company called Alimentation Couche-Tard.

Currently Circle K already has 14,200 stores spread across 26 countries. The company claims that its fuel stations have also spread across Canada, Ireland, Scandinavia, and the Baltic. Not only that, they have also expanded their business in Hong Kong and Poland.

Meanwhile, Depot Bitcoin became the largest ATM service provider company with 3,793 crypto ATMs. Meanwhile, other crypto ATM providers, Coin Cloud and Coinflip, only provided 2,628 and 2,499 bitcoin ATM machines. Both have not surpassed Bitcoin Depot in providing crypto ATMs as reported by Coinatmradar.

“Circle K understands that cryptocurrencies will be a growing part of the future economic and payments landscape. By adding Bitcoin ATMs to corporate stores, Circle K can attract new customers to their stores, offer financial access to underserved communities, and differentiate themselves from other retailers with this new technology,” said Bitcoin Depot CEO Brandon Mintz.

In addition, Circle K also stated that the partnership with Bitcoin Depot will make Circle K the most important minimarket brand for the fastest growing crypto market.

“Our partnership with Bitcoin Depot further builds on this commitment, giving our brand an important early presence in the fast-growing cryptocurrency market as a convenient destination where customers can buy bitcoins,” said Denny Tewell, Senior Vice President of Global Merchandise and Procurement Circle K.