Despite its troubles, cryptocurrency use is growing in Minnesota

Cryptocurrency, despite deep dives in value this year, has hit a point where it is being integrated into common financial interactions in Minnesota and across the country. You can buy clothes and food with it in some places, and Kwik Trip and Cub have traditional ATMs and new ones for crypto.

Home Depot, Whole Foods and Starbucks are among retailers that now accept crypto at checkout, said Vivian Fang, Honeywell professor of accounting at the University of Minnesota’s Carlson School of Management. Payment platform and credit service company PayPal late last year introduced a crypto checkout option, and most services that use PayPal now let shoppers pay for their items with crypto.

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