DASH Added To Over 11,000 ATMs In Mexico, Is The Crypto Taking Over The Americas?

By Lujan Odera
January 28, 2020 Updated February 4, 2020
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  • Over 11,000 ATMs across Mexico add Dash (DASH) buy capabilities to their machines.
  • Adoption of DASH across the Americas is a factor to admire as the crypto adoption grows to record levels.

After spiking over 10% in a day and the wallet adoption in Venezuela spiking to five times the number in a year, DASH is once again on the victory trail. Over 11K traditional ATM will add Dash to their network following the partnership between crypto firm, Tauros and Dash Pay. The former is a Mexican based cryptocurrency remittance organization with a wide network of ATMs across Mexico to help users easily buy crypto.

According to the official Dash Pay Twitter account, the new partnership opens up a gateway for Mexican crypto investors to buy Dash directly using the Mexican peso. The official announcement reads,

“Congrats to Tauros for also launching their 11k ATM-strong network for deposits throughout Mexico, users can now purchase #Dash w/ cash!”

The opening of over 11,000 ATMs in Mexico is a “great partnership” for Dash Pay, Dash Core CEO, Ryan Taylor said in his congratulatory message to the Dash Pay team. He further said,

“[The Bitcoin ATMs] Infrastructure that can continue growing our Latam (Latin-America) remittances strategy going forward and help expand our use for payments in Mexico, even among the unbanked. This is another great partner for Dash!”

According to Tauros.io Business Developer, Roberto Conte, it is possible to ‘directly fund an exchange account using cash through ATMs’. He further said,

“You no longer need a third party bank account to send funds to an exchange in Mexico.”

A new dawn for Dash in the Americas?

Dash Pay has been on the frontline of promoting the adoption of a privacy enabled currency to ease the economic challenges being faced in Venezuela, Argentina and a number of countries across the globe. Starting its adoption efforts in South America, the Dash ecosystem is slowly growing into an Americas power cryptocurrency.

The latest partnership strengthens Dash presence in the Americas region as the crypto battles Bitcoin to the top spot. In Venezuela, the adoption rate of active Dash wallet users grew by over 500% in a year. Brazil welcomed Dash Pay as the crypto company has partnered with ATAR Pay enabling NFC payments for over 2.5 million Brazilian merchants.

Currently trading at 114.62 against the dollar, representing a slight 0.42% rise in the past 24 hours.

(Updated with info from Tauros.io)

Been in the field since 2015 and he still love everything blockchain and crypto! FC Barcelona fan. Author and journalist. Follow him at @lujanodera.
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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