On August 27th, according to Globenewswire, on August 27th, the American Nasdaq-listed coffee chain Reborn Coffee, which adopts a Bitcoin treasury strategy, may enter the cryptocurrency ATM market.
ATM equipment has been deployed in its flagship store in Southern California, supporting transactions of Bitcoin, USDC and other US dollar stablecoins. The company's CEO stated that this is a pilot project, and a careful decision will be made later on whether to further expand the cryptocurrency ATM plan.
Prior to this news, Reborn Coffee had announced that this year it would pilot cryptocurrency payment functionality in selected stores in Southern California, as part of its existing POS system.
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