Steak 'n Shake Pioneers Bitcoin Payments via Lightning Network
Steak 'n Shake, a popular fast food chain, has made a significant stride in cryptocurrency adoption. It has become one of the first major brands to fully embrace Bitcoin, offering customers a practical and instant payment option via the Lightning Network.
The chain serves over 100 million customers annually, each now having the choice to use Lightning for quick, low-fee transactions. Customers can simply scan a QR code at checkout using any supported wallet, completing transactions in mere seconds.
Steak 'n Shake's move is part of a larger trend towards practical, everyday Bitcoin utility. The Lightning Network, used for fast, scalable, and low-cost payments, is ideal for point-of-sale purchases. This integration goes beyond occasional 'Bitcoin accepted here' signs, offering a streamlined payment option. The system uses a backend payment processor to handle real-time conversion to USD, ensuring stability and ease of use.
Steak 'n Shake has launched Bitcoin payments via the Lightning Network, allowing customers to pay for meals with BTC at locations across the United States. As the Lightning Network's usability increases, more brands may follow suit, integrating Bitcoin payments. This move signals a shift towards practical, everyday Bitcoin utility, benefiting both customers and businesses.
