Cameron Thompson
Cameron Thompson is a news reporter at CoinDesk.
Coinme’s integration of the six additional cryptocurrencies offers users greater freedom to interact with different tokens beyond Bitcoin, CEO Neil Bergquist said. Where some users may purchase ETH to buy an NFT, they can also purchase XLM to send across borders, its primary use case, all at one supermarket kiosk.
“People are attracted to different coins for different reasons, whether that's a store of value or a medium of exchange,” Bergquist said. “Our position is to provide safe and secure access to digital currencies, and our customers can use them how they like to use them in a safe environment.”
Coinme has been expanding its products across the country, adding Vermont, its 49th state, in April. Once it obtains its Bitlicense, which Bergquist says the company is in the process of acquiring, it can expand to the state of New York.
