CoinMe VP Sung Choi discusses how the company leverages Coinstar kiosks and physical locations to provide cash on and off ramps for crypto, with upcoming integrations for USDC on Stellar and expansion to 20,000+ ATM locations across the US.
In this Tech Talks with Tomer episode, CoinMe VP of Strategy Sung Choi explains how the company transformed Coinstar kiosks into crypto on-ramps for mainstream users, particularly those unfamiliar with fintech. CoinMe offers cash-to-crypto and crypto-to-cash services through physical locations, with a focus on remittances to Latin America. The company has integrated with Stellar for seamless USDC transactions and plans to launch several products: ATM cash pickups at 20,000+ US locations for $2.50, closed-loop remittance solutions in Mexico, Guatemala, El Salvador, and Honduras, and point-of-sale fiat on-ramps at 83,000+ retail locations. CoinMe also offers B2B APIs and white-label services for financial institutions and crypto wallets seeking cash infrastructure.