Altcoins December 7, 2018 Daily Hodl Staff

Fast Food Giant KFC Accepts Cryptocurrency Dash in Venezuela

KFC restaurants in Venezuela will begin accepting payments in Dash next week, creating yet another opportunity for citizens to use the digital currency.

The payments will initially be accepted at a KFC in the Chacao Municipality of Venezuela’s capital, Caracas, before branching out to the 24 other locations in the country.

Alejandro Echeverría, the co-founder of Dash Help, Dash Merchant Venezuela and Dash Text, has been working with KFC for the past three months to bring the partnership to fruition.

Echeverría says,

“Having a globally recognized brand such as KFC accepting Dash payments in Venezuela is a great achievement for cryptocurrency and further validation of the continuing trend of Dash adoption not only from a user perspective, but now merchants as well.”

KFC joins a growing list of other companies in Venezuela accepting Dash, including Subway, Papa John’s Pizza and Traki, the country’s largest department store.

Major News! #KFC🍗🐔 is joining 2440 #Dash accepting merchants in #Venezuela 🇻🇪 @Dashpay continues to lead from the front as the leading #Cryptocurrency for payments & e-commerce! Instant, secure & user friendly $Dash is digital cash, everyday payments made easy! 🏆💪🚀 pic.twitter.com/XrR1guPeyh

— Mark Mason (@StayDashy) December 7, 2018

As the government continues to wade through the economic turmoil caused by years-long hyperinflation that has devalued the Venezuelan bolívar, cryptocurrencies continue to rise in prominence throughout the country. Among them, Dash has risen to the top. In fact, according to DiscoverDash, there are already 2,445 merchants accepting Dash in Venezuela.

Echeverría continues,

“The Dash movement is spreading and growing fast in Venezuela. First it was food trucks and small family businesses that started to adopt dash for payments, now we’re attracting more established businesses.”