Cardano users can now spend ADA at 40,000 US stores via Flexa network
Cardano has announced the launch of their Flexa network, which allows users to spend their ADA on 40,000 US stores and restaurants. The marketplace will offer a wide range of goods at discount prices ranging from pizza and coffee to books, shoes, clothing accessories and more.
The “Cardano users can now spend ADA at 40,000 US stores via Flexa network” is a very exciting development. Cardano (ADA) has partnered with the payment processor Flexa to allow for easy spending of cryptocurrency. The company will be able to expand its services in the future and add more cryptocurrencies.
Flexa, a “pure-digital” payments processor, has added support for ADA, Cardano’s native cryptocurrency, to the network’s ever-growing list of viable payment methods.
“At long last, Cardano’s native asset is available on Flexa.” You may now spend your $ADA at over 40,000 places throughout the United States!” Flexa was active on Twitter during the weekend.
Finally, @Cardano’s native asset is available on Flexa. You may now spend your $ADA at over 40,000 places throughout the United States! #25DaysofFlexa🎁 pic.twitter.com/97vnYLBRlJ
December 17, 2021 — Flexa (@FlexaHQ)
In May 2019, Flexa introduced their crypto wallet, SPEDN, in the United States. Initially, the network let users to pay at retail establishments using Bitcoin, Ethereum, Bitcoin Cash, and Gemini Dollar, including prominent brands like Whole Foods, Baskin-Robbins, Lowe’s, and Nordstrom. Around the same time, Flexa joined with Gemini, the crypto exchange founded by the Winklevoss brothers.
SPEDN customers may now test out immediate ADA payments over the network, according to the release. To purchase tickets at Regal Cinemas, an American movie theater company that teamed with Flexa in late November “to allow digital currency payments for movies and more,” for example.
In a news statement, Regal’s chief marketing officer, Ken Thewes, says:
“Regal is dedicated to being ‘The Best Place to See a Film.’ We are delighted to have discovered a partner in Flexa, a company that is redefining digital payments with cutting-edge software and an innovative business platform, as more of our consumers desire digital asset solutions and safer payment ways.”
Quantum of consolation
Flexa’s recent statement may have softened the blow for many Cardano supporters who were disappointed by BitPay’s announcement last week. Despite ADA’s advantage in the company’s user vote, BitPay has added popular “meme” token Shiba Inu (SHIB) to its platform.
Even Cardano creator Charles Hoskinson questioned BitPay’s choice at the time.
What exactly was the purpose of the poll? https://t.co/MBjBMktjE3 pic.twitter.com/R1bUg8OUQg https://t.co/MBjBMktjE3
10 December 2021 — Charles Hoskinson (@IOHK Charles)
Flexa, meantime, had only a few days ago incorporated SHIB to its platform. Holders of both tokens, on the other hand, are now equally free to use them at Flexa’s partner retailers.
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The “flexa partnerships” is a new feature that allows Cardano users to spend their ADA at 40,000 US stores. The network is called Flexa and it is powered by the blockchain technology.