Strike CEO Jack Mallers announces Shopify partnership, new payment network

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Strike CEO Jack Mallers announces Shopify partnership, new payment network
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ICYMI: Strike CEO Jack Mallers announces Shopify partnership, new payment network

payment system that allows merchants to quickly receive payments in dollars after people pay with crypto.

"It's a new, innovative, superior payments rail that is finally embedded and distributed into our lives," Strike CEO Jack Mallers explained to a packed crowd at a Miami Bitcoin conference on Thursday afternoon. He then showed a video of himself using it to check out at a Chicago grocery store. Mallers showed a list of major U.S. companies that he says would be able to accept payments this way, including McDonald's, CVS, Walgreens, Whole Foods and Wal-Mart, in addition to several other grocery stores and restaurants.

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