Chipotle is now accepting cryptocurrency payments through digital payment provider Flexa at all of its United States based restaurants.
Flexa publicized the partnership which will see Chipotle accept all the 98 cryptocurrencies Flexa currently supports including BTC, ETH and seven U.S. dollar-pegged stablecoins including USDC.
The fast food giant is the latest Flexa partner joining other large businesses such as cinema operator Regal Theaters and Bancoagrícola, El Salvador’s largest financial institution where Flexa enables both retail and merchant Bitcoin transactions for the bank’s customers.
Other fast food names have explored or indicated interest in crypto and metaverse applications for their brands. Burger King partnered with trading platform Robinhood in 2021 and gave away free Dogecoin , BTC and ETH with meal purchases.
With crypto adoption in the U.S. remaining high despite market instability merchants have conveyed their desire to apply payment solutions to capture the growing interest. Although enthusiasm from merchants overall was high only around 25% of the hospitality industry respondents were keen on crypto payment adoption.
