The City of Williston expects to increase crypto payment volumes by installing a state-hosted crypto kiosk in the airport.
North Dakota’s City of Williston, has added a crypto automated teller machine (ATM) to its international airport, continuing its exploration and adoption of the cryptocurrency industry.
The Williston Basin International Airport now has a "government-hosted cryptocurrency kiosk," which allows travellers and non-travelers to buy and trade 40 digital currencies. Bitcoin (BTC), Ether (ETH), Dogecoin (DOGE), and Shiba Inu are among the supported coins (SHIB).
The city of Williston collaborated on the project with the cryptocurrency firm Coin Cloud, which provided the city with digital currency machines (DCM). A DCM is "more than simply a Bitcoin ATM," according to the company, because it allows customers to buy and sell not only Bitcoin but also 40 other digital assets using cash. Coin Cloud said, "Old school Bitcoin ATMs can't accomplish all that."
The project "may be the first occurrence of an airport and government-hosted crypto ATM" in the United States, according to Hercules Cummings, finance director for the City of Williston. He also expects the city's cryptocurrency payment volumes to rise, stating:
"By accepting cryptocurrencies for utility payments and hosting bitcoin ATMs, the government is a vital participant in increasing public awareness and promoting cryptocurrency acceptance."
The city of Williston's next step, according to the official, would be to install a crypto ATM in City Hall in response to increased demand at the airport. "We will eventually bridge these payment pathways over to licences, permits, and other payments within the city as part of our roadmap," he continued.
While the city of Williston promotes cryptocurrency adoption, it does not function as a fund custodian or oversee any cryptocurrency transactions. Coin Cloud, the DCM's operator, is in charge of purchases and withdrawals.
The DCM's major purpose is to "connect public interest to acceptance and portfolio adoption of a burgeoning asset class,” Cummings said. "We're certain that little but significant steps like these will help us get there." He went on to say, "We want to keep making a revolutionary impact and position ourselves as a vital player in this technology endeavour."
The City of Williston partnered with prominent crypto payment provider BitPay in May 2021 to begin taking cryptocurrencies like Bitcoin as payment for utility bills, as previously reported.
Citizens can now pay their utility bills with Bitcoin Cash (BCH), Ether, Wrapped Bitcoin, Dogecoin, Litecoin (LTC), and five USD-pegged stablecoins such as the Gemini dollar (GUSD), the USD Coin (USDC), and the Binance USD (BUSD), according to Cummings.