We are excited to announce that Hive's Spend HBD initiative has expanded its reach to Germany. The first business to join this innovative program is Kabil Kiosk, located in Frankfurt. This partnership marks a significant milestone as Kabil Kiosk became the first establishment in Germany to accept Hive Backed Dollar (HBD) as a form of customer payment.
We believe that this collaboration will not only benefit both parties involved, but also pave the way for greater acceptance and adoption of cryptocurrencies (Hive/HBD) in the mainstream market.
Customers visiting Kabil Kiosk can now enjoy the convenience and security of paying with HBD, a stablecoin that is pegged to the US dollar. This means that transactions can be processed quickly and efficiently, without the volatility often associated with traditional cryptocurrencies.
We are confident that this partnership will be the first of many, as more businesses recognize the advantages of accepting HBD. By embracing this new form of payment, businesses can attract a wider customer base, streamline their payment processes, and stay ahead of the curve in an increasingly Web3-digital world.
We look forward to seeing the positive impact of this collaboration and are excited to continue working with businesses like Kabil Kiosk to drive the adoption of HBD in the global marketplace.
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