And you thought the idea of using cryptocurrencies like bitcoin to buy stuff was dead.
That’s something of a surprise given the fizzled excitement around next-gen digital money.
Flexa, though, is trying to get people to open their digital wallets.
“We allow any cryptocurrency to be spendable,” Chief Executive Tyler Spalding said.
The company launched its payment-processing connection Monday.
Shielding retailers from cryptocurrency complications is important.
Flexa debits your wallet then transfers US dollars to the retailers by regular old bank transfer, Spalding said.
The rise of “stable coins” that don’t appreciate in value should help, Spalding said.
“This is the bridge.
This is how it goes mainstream,” Spalding said.
Maybe, maybe not.