Hyosung America Unleashes Bitcoin on 175,000 ATMs with DigitalMint Partnership

Estimated read time 2 min read

Hyosung’s Big Move

In a groundbreaking partnership, Hyosung America recently shook hands with DigitalMint, paving the way for Bitcoin purchases at an astonishing 175,000 ATMs across the U.S. That’s right, your cravings for crypto can now be satisfied right at your local machine!

What’s In the Deal?

The real excitement comes as Hyosung plans to integrate DigitalMint into its forthcoming API-based app store. So, what does this mean for ATM operators and users? They can either jump on the Bitcoin bandwagon or choose to sit back and watch the ride from the sidelines—funny how freedom tends to work!

Operator Choices: A Double-Edged Sword

Now here’s where it gets a bit tricky: the decision to incorporate DigitalMint’s services lies solely with individual ATM operators. This means not every Hyosung ATM will offer the chance to buy Bitcoin, leading to a bumpy ride for the crypto-curious investor. So, keep your fingers crossed and your wallets ready!

Changing the ATM Game

Brad Nolan, CMO of Hyosung America, noted that this app store won’t just open the door to BTC purchases—it’s going to be a treasure chest of potential services for operators. Imagine ATMs turning into multi-functional kiosks: selling Bitcoin, providing gift cards, or serving up the latest coffee trends!

Can DigitalMint Keep Up?

While the partnership has sparked excitement, it’s uncertain how far DigitalMint can go with its limited offerings of just Bitcoin and Litecoin. Will they expand their crypto repertoire? Only time will tell! Meanwhile, the duo’s potential influence on the ATM landscape promises to be quite significant, or as we like to say, large enough to notice even from outer space!

Bitcoin ATMs: The State of Affairs

The U.S. remains a titan in the Bitcoin ATM game, boasting over 33,772 machines. However, a glance at Coin ATM Radar reveals a troubling trend: crypto-friendly ATMs are on a decline. Global installations recently plummeted, hitting lows not seen since 2019. A true crypto roller coaster, wouldn’t you say?

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