Sheetz, the popular U.S. convenience store chain, is stepping up its game by expanding its partnership with crypto payment provider Flexa.
This means that customers can now pay with Bitcoin, Ethereum, and stablecoins at over 750 Sheetz locations across the country.
A new way to pay
Sheetz announced that shoppers can use digital currencies for in-store purchases, including stablecoins like USD Coin.
Flexa is the tech behind this move, enabling businesses to accept payments in various cryptocurrencies.
The two companies believe this partnership reflects the growing demand for alternative payment methods—because who wouldn’t want to pay for their snacks with crypto?
Trevor Filter, co-founder of Flexa, shared the increasing interest in stablecoins, and he said, it was a no-brainer for both companies to jump on this trend.
“The demand for stablecoin use cases continues to grow, and we’re excited to help Sheetz stay at the forefront of payment innovation by offering their customers the ability to pay instantly and securely at any of their stores.”
With this integration, Sheetz becomes one of the first major chains in the U.S. to support crypto payments.
Sheetz is a big player, so this is a big news?
For those unfamiliar with Sheetz, it’s a family-owned convenience store chain that has been around since 1952.
With hundreds of locations across states like Pennsylvania, North Carolina, Virginia, West Virginia, Ohio, Michigan, and Maryland, Sheetz has become a go-to spot for snacks and gas.
Interestingly, a report from venture capital firm Andreessen Horowitz called State of Crypto 2024 revealed that states like Pennsylvania and Michigan have seen a surge in crypto interest.
The report also noted that around 40 million Americans now hold some form of cryptocurrency.
Bitcoin payments since 2021
Ryan Sheetz, the vice president of the company expressed enthusiasm about introducing crypto payments in their stores.
He stated, they’re excited to make digital currency payments available at all our stores and to meet the growing interest in stablecoins among the customers.
This latest expansion follows Sheetz’s initial acceptance of Bitcoin payments back in 2021. On May 28 of that year, Sheetz began allowing BTC payments through Flexa at its outlet stores for both in-store purchases and gas pumps.
