The post Steak ‘N Shake to Accept Bitcoin Payments in the US, Sending New Crypto to Explosive Highs appeared on BitcoinEthereumNews.com.

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. In what could be a historic move for cryptocurrency in the retail industry, Steak ‘n Shake, the popular American fast food chain, will start accepting Bitcoin payments on May 16. Experts believe that Bitcoin couldn’t work as a day-to-day mode of payment due to the additional stress on its network, which would challenge the blockchain’s speed, cost, and scalability. However, this is not the first time, and certainly not the last, that we’re seeing cryptocurrency integration on the retail channel. In this article, we’ll briefly explore just how bullish corporations are on ‘digital gold.’ Read until the end because we’ll also suggest the best new crypto to buy today to benefit from large institutions’ vote of confidence in crypto. Cryptocurrency in Retail Steak ‘n Shake put out an X post on March 8, asking whether it should accept Bitcoin or not. Interestingly, Twitter CEO Jack Dorsey tweeted ‘Yes’ in reply to this. In 2022, Chipotle started accepting more than 90 cryptocurrencies at 100+ locations in the US. Previously, Starbucks also allowed its customers to recharge their digital wallets using $BTC. Subway also experimented with Bitcoin payment as early as 2013. Finally, El Salvador’s Pizza Hut was the first retail outlet to officially accept $BTC as payment. Although most of these initiatives were short-lived and never scaled, the tide seems to be changing now (for the better, that is). With $BTC gaining strong ground as a new hedge asset among corporations and governments, many companies are trying…

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Filed under: News - @ May 9, 2025 4:28 pm