KEY TAKEAWAYS
- Regal movie theatres will offer onchain payment options with a 10% discount using USDC on Base through Coinbase Wallet during the holiday season.
- This initiative marks a significant step in integrating cryptocurrency into everyday transactions, showcasing the practical use of stablecoins like USDC.
- The collaboration between Regal, Coinbase Wallet, and Flexa aims to enhance customer convenience and promote digital currency adoption.
- The promotion is available at over 400 Regal Cinemas, with specific terms and conditions, highlighting the growing acceptance of cryptocurrency in mainstream settings.
Regal movie theatres in the United States are set to offer onchain payment options for a limited time during the holiday season. From December 23, 2024, to January 6, 2025, moviegoers can enjoy a 10% discount on tickets and concessions when paying with USDC on Base through Coinbase Wallet. This initiative, announced here, marks a significant step in integrating cryptocurrency into everyday transactions.
USDC, a stablecoin pegged to the U.S. dollar, offers the stability of traditional currency with the speed and low transaction costs of digital payments. The collaboration between Regal, Coinbase Wallet, and Flexa aims to demonstrate the practical use of onchain payments in a mainstream setting. Ashlyn Turner, Marketing & Sales Manager at Regal, highlighted the opportunity for both crypto enthusiasts and newcomers to experience the benefits of digital currency.
How to Access Onchain Discounts
The process to avail of the discount involves several steps. Customers need to download the Coinbase Wallet app, purchase USDC, and use Flexa to complete transactions at Regal locations. The promotion applies to in-person purchases only, with a maximum discount of $50 per transaction for up to 50 transactions per Flexa account.
Daniel McCabe, cofounder and CEO at Flexa, emphasized the seamless and secure nature of the payment experience, which aims to enhance customer convenience while promoting the use of digital currency. This initiative is part of a broader trend of increasing adoption of stablecoins like USDC, which saw a market cap growth of 73.47% in 2024.
Promotion Details and Limitations
The offer is valid at over 400 Regal Cinemas across the U.S. and is subject to availability. It cannot be combined with other discounts and excludes online and in-app payments. The promotion may be modified or canceled at any time, and certain restrictions apply, such as the exclusion of gift card purchases.
This move by Regal and its partners highlights the growing acceptance of cryptocurrency in everyday transactions, providing a glimpse into the future of digital payments.
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