Cryptocurrency users have spent over $135,000 worth of different cryptocurrencies on pizzas over the past 12 months, according to a Bitrefill report. The comprehensive analysis of internal pizza gift card sales data shows that users purchased 3,941 pizzas with crypto. Bitcoin (BTC) combined with the Lightning Network still dominate the scene with a 23.8% share of the total crypto-related pizza sales.

Ethereum (ETH) comes in second with a 20.5% stake in the pizza orders, per the Bitrefill report. USDT, the largest stablecoin with a $111 billion market cap, has a 6.8% share of the total crypto-purchased pizzas worldwide.

Top Pizza Chains Accepting Crypto

According to Bitrefill, Domino’s Pizza restaurant chain leads the list with 3,012 pizza orders using cryptocurrencies over the past year. Papa John’s and Pizza Hut come second and third with 473 and 173 such purchases, respectively.

Top U.S. States for Crypto Pizza Orders

Here are the top five U.S. states for crypto pizza orders, per Bitrefill analysis:

  • California with 266 transactions.
  • Texas with 211 transactions.
  • Florida with 161 transactions.
  • New York with 141 transactions.
  • Washington with 136 transactions.

Bitrefill’s report comes as the crypto community celebrates the popular Bitcoin Pizza Day. On May 22, 2010, a developer and Bitcoin miner, Laszlo Hanyecz, purchased two Papa John’s pizzas for 10,000 BTC, worth roughly $41 at that time. This marked the first documented real-world Bitcoin transaction, and the Bitcoin community has been celebrating May 22 as Bitcoin Pizza Day. Hanyecz’s Bitcoins would now have been worth over $700 million today.

For more updates on cryptocurrencies, investing, and finance, stay tuned to Global Crypto News.

Post Views: 8