Coinstar's 9,500 Kiosk Rollout Redefines Financial Access With New Digital Wallet

Coinstar, a leader in self-service financial kiosks, announced Tuesday the launch of CINQ by Coinstar, a digital wallet developed in partnership with

Coinstar, the company behind those coin-counting kiosks you see at grocery stores, is expanding its digital wallet offering with a new partnership.

The digital wallet, called CINQ by Coinstar, was launched in August 2023. It allows users to buy cryptocurrency and stablecoins with cash at over 9,500 Coinstar kiosks across the U.S., or through the CINQ by Coinstar mobile app.

Coinstar is also planning to expand the wallet’s services in 2025 to enhance financial access for underbanked Americans and make remittances more affordable, especially for immigrants who often rely on cash-based transfers.

“Through a partnership with Zero Hash, CINQ by Coinstar has launched with the initial ability to purchase cryptocurrency and stablecoins with cash at more than 9,500 Coinstar kiosks across the U.S., or through the CINQ by Coinstar mobile app,” the announcement states.

“Users of the CINQ by Coinstar app, powered by Zero Hash, can seamlessly move in, out and between cash, stablecoins and crypto.”

Coinstar, a leading self-service financial kiosk operator in North America, announced the launch of CINQ by Coinstar on Tuesday. The digital wallet is being rolled out in partnership with Zero Hash, a crypto infrastructure platform.

The announcement comes as several companies are looking to expand access to cryptocurrency and stablecoin transactions for U.S. consumers. In December, MoneyGram announced a partnership with Stellar Development Foundation to enable near-instant and low-cost settlements for stablecoin transactions.

CINQ by Coinstar is now available at up to 9,500 of Coinstar’s 17,000+ network of kiosks across the U.S., enabling cash-to-crypto transactions at a large scale.

“This collaboration allows up to 9,500 of Coinstar’s 17,000+ network of kiosks across the U.S. to facilitate cash-to-crypto transactions,” the announcement adds.

Coinstar’s kiosks are located in major grocery stores, including Kroger, Safeway, Albertsons, Publix, Winn-Dixie, Harris Teeter, Food Lion, Giant Eagle, Meijer, Price Chopper, ShopRite, Stop & Shop, and Hy-Vee, among others.

The company’s network spans 40,000 retail touchpoints across North America, handling an estimated $5 billion in transactions annually.

Coinstar CEO Kevin McColly said in a statement: “We’re excited to work with Zero Hash to make digital currency accessible to everyone, everywhere.”

“CINQ by Coinstar is a natural extension of our services, and we believe it will help to further financial inclusion in the U.S.,” he added.

Edward Woodford, CEO of Zero Hash, commented: “We are thrilled to partner with Coinstar to bring digital currency to their vast network of kiosks.”

“Zero Hash is committed to providing the infrastructure that powers the next generation of financial services, and this partnership will enable us to reach a broader audience with accessible and secure crypto services,” he continued.

“The ability to link Coinstar’s cash infrastructure with digital assets presents a unique opportunity to drive financial inclusion and reduce remittance fees by simplifying the cash-to-crypto pipeline.”

According to Coinstar, users can buy over 25 crypto and stablecoin assets with paper currency at Coinstar kiosks in major grocery stores across North America as well as through the CINQ by Coinstar mobile app.

The company noted that while the CINQ by Coinstar wallet is available in all 50 states, Zero Hash enabled Kiosks are not currently available in all states, including the state of New York.