Photo: Ivan Zhaborovskiy (Getty Images)
Coffee giant Starbucks (SBUX) began accepting Bitcoin and Ether in 2021, enabling crypto payments through the mobile app SPEDN – a digital payments platform that allows users to store, convert, and spend their cryptocurrency. Customers can load the app with cryptocurrency and pay using a QR code at checkout.
Starbucks also partnered with the Bakkt App, a digital wallet that allows users to manage their crypto holdings. With Bakkt, customers can use Bitcoin, load their Starbucks gift cards, and seamlessly buy their favorite coffee.