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American companies use Bitcoin to pay for the cost of purchasing coffee from El Salvador

American companies use Bitcoin to pay for the cost of purchasing coffee from El Salvador

Bitget2024/09/21 08:43

According to the Salvadoran Ministry of Foreign Affairs, the American coffee company Compass Coffee has completed international procurement of Salvadoran coffee using Bitcoin. Jorge Cruz, the Salvadoran party in this transaction, explained that he received payment in less than 10 minutes, thus avoiding the need for intermediaries in such transactions.

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