Investing.com UK - Financial Markets Worldwide
💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

Uhhhhhh, Can't Spend Your Dogecoins At McDonald's? You Can Spend Them Here

Published 15/02/2022, 14:29
© Reuters. Uhhhhhh, Can't Spend Your Dogecoins At McDonald's? You Can Spend Them Here
DOGE/USD
-
DOGE/USD
-
DOGE/EUR
-

On Sunday, McDonald’s Corporation (NYSE: MCD) sent a tweet suggesting “something is coming” featuring a photo of what looked to be a blurred image of an M-ATV style vehicle, and an even blurrier image of what looks like the Dogecoin (CRYPTO: DOGE) logo.

Th news sent Dogecoin up nearly 8% to $0.1569, leading investors to believe in a potential partnership with McDonald's where the fast-food company would accept Dogecoin as payment. However, when the secretive ad aired during the Super Bowl, it left Dogecoin fans disappointed, as it did not feature the Shiba-Inu at all.

See Also: McDonald's Big Dogecoin Announcement, In Response To Elon Musk? Uhhhhhhhhhhhhhhhhhhhhh…

While you can’t spend your Dogecoins on McDonald’s Chicken Nuggets right now, here is a list of some restaurants and businesses that do accept the dog-themed currency.

Starbucks (NASDAQ: NASDAQ:SBUX): The worldwide coffee restaurant chain, now allows you to pay via Dogecoin. It has been done via a payment app – SPEDN by Flexa, which uses the Flexa payment gateway.

Subway: Since 2013 there were two Subway locations catering to the needs of the crypto community. One was in Moscow, Russia while another was in Allentown, Pennsylvania, which became particularly famous after being featured on Coindesk.

Whole Foods (NASDAQ: AMZN): The supermarket chain announced in 201 it's also partnered with Flexa, the world’s leading digital payment platform to accept cryptocurrencies as a form of payment.

Regal Cinemas: One of the newest businesses to accept Dogecoin, Regal Cinemas is competing with investor-favorite AMC Entertainment (NYSE: AMC) by accepting the Shiba Inu-themed crypto as payment.

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.