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Bitcoin financial reserve coffee chain Reborn Coffee will enter the Crypto Assets ATM market and launch a pilot.
According to Mars Finance, as reported by Globenewswire, on August 27th, Reborn Coffee, a Nasdaq-listed coffee chain in the U.S. that adopts a Bitcoin treasury strategy, may venture into the cryptocurrency ATM market. Currently, it has deployed ATM devices at its flagship store in Southern California, supporting transactions in Bitcoin, USDC, and other USD stablecoins. The company's CEO stated that this is a pilot project, and a cautious decision will be made later on whether to further expand the cryptocurrency ATM program. Previously, Reborn Coffee announced that it would pilot cryptocurrency payment functionality in select stores in Southern California this year, as part of its existing POS system.