Bitcoin (BTC) It will become increasingly available to Americans. The collaboration between NCR and NYDIG should ensure that Bitcoin is sold at at least 600 banks in the United States.
NCR is an American software and payment company. NYDIG is a financial services and technology company headquartered in New York. Together they want to take crypto adoption to the next level and this collaboration should ensure that. Easy access has been a bottleneck so far, but it’s being solved that way. Forbes The first to mention this and mention 650 banks will provide bitcoin to about 24 million customers. In addition, a lot of lenders will also be able to take advantage of this deal.
The NCR must take care of the public financial infrastructure, including the application. NYDIG, in turn, will take over the management of all institutions wishing to offer cryptocurrency. The application must be completed in the first stage. This application will ensure that customers of the cooperating banks can buy, sell and trade cryptocurrencies.
Banks Warm Cryptocurrency
Douglas Brown, President of NCR Digital, said the following about the developments:
We firmly believe in the benefits of cryptocurrencies and their strategic applications. So are our banking relationships, as evidenced by NYDIG and across retailers. This also applies to restaurants and the like.
Brown also believes that banks will follow in PayPal’s footsteps. They have been integrating and promoting cryptocurrencies as a means of payment for quite some time now, and Brown expects, or perhaps hopes, that banks will do the same. It was announced earlier this month Banks in Texas have been allowed to provide crypto services.
It is nothing new for NCR to do business with a crypto-related company. In May, a partnership with startup Flexa enabled US citizens to pay with BTC at more than 600 stores.