POSX has launched the first cryptocurrency restaurant in the United States, marking the occasion with a grand opening event in New York. Themed 'Proof of Spend: Bridging Digital Value and Real-World Commerce,' the event introduced POSX's cutting-edge payment system. This system facilitates instant, low-cost transactions using Stablecoins such as USDC, USDT, and POSX Pay, with each transaction recorded on-chain as a 'Proof of Spend.'
The 'Proof of Spend' concept aims to transform crypto payments from mere settlement methods into a core infrastructure for value transfer and user incentives in the Web3 era. By converting real-world spending into miner rewards, POSX seeks to integrate digital currency more deeply into everyday commerce.
POSX Opens First U.S. Crypto Restaurant, Unveils 'Proof of Spend'
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