Known as one of the largest retail stores in the USA, Walmart was mentioned with a very interesting news recently.
After sharing the news that it was partnering with Litecoin, Walmart announced that this was not true and stated that it would file a lawsuit against those who spread this news.
Although the Litecoin news turned out to be false, Walmart’s interest in the cryptocurrency industry did not come as a surprise.
Walmart Embraces Bitcoin
According to the latest information, a total of 200 Bitcoin ATMs were placed inside Walmart stores.
The company behind the ATMs placed in stores in various parts of the USA was CoinMe. The pilot project only covers 200 devices, but it is emphasized that the main goal is to install 8,000 Bitcoin ATMs.
Although the exact number was given in the news quoted by Bloomberg, the exact date was not given.
According to the information provided by Coin ATM Radar, there are more than 25,000 ATMs in stores and gas stations in various parts of the USA.
The US Coinstar company, on the other hand, serves 4,400 Bitcoin ATMs in 33 states and is the largest company. Despite the fact that there are 25,000 ATMs, the fact that even a single enterprise wants to open 8,000 ATMs in the long run shows the growth rate of the industry.
In a statement on the subject, BitOoda CSO Sam Doctor stated that Bitcoin ATMs are not a new technology, but that it can have a serious impact by making it available in every market.
Walmart is also known to be a pioneer in this field and is now taking steps to contribute to the Bitcoin revolution.