US Company Uses Bitcoin to Pay for Coffee Purchases in El Salvador

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MarsBit
09-21
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According to Mars Finance, according to the Salvadoran Ministry of Foreign Affairs, the US coffee company Compass Coffee has completed international purchases of Salvadoran coffee using Bitcoin. Jorge Cruz, the Salvadoran counterparty in this transaction, explained that he received the payment in less than 10 minutes, thus avoiding the need for intermediaries in such transactions.

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