Blink Charging Co. (BLNK) is making it easier for EV drivers to pay with digital currency. The company announced Wednesday it's rolling out cryptocurrency payment options at select fast-charging locations across the United States, sending shares higher in premarket trading.
The initial phase focuses on Blink-owned DC fast chargers, where drivers can now pay using USD Coin (CRYPTO: USDC/USD), a stablecoin pegged to the U.S. dollar. The payment system works across multiple blockchain networks—Ethereum, Arbitrum, Polygon, and Base—giving users flexibility in how they transact.
Two Florida locations are leading the charge: 1680 Main Street in Chipley and 145 SE Bandit Street in Madison. From there, Blink plans to expand crypto payment availability to additional company-owned sites throughout 2026.
Why Crypto for Charging?
The move is about meeting customers where they are, according to Harmeet Singh, Blink's chief technology officer. "Blink's goal is to make EV charging seamless and convenient for all EV drivers," Singh said. "By introducing cryptocurrency payments, we're embracing innovation that aligns with Blink and the evolving digital economy."
Singh emphasized the company wants to give customers "more options for an easier charging session."
There's some data backing the strategy. Blink pointed to a Motley Fool survey showing that half of adults surveyed would consider using stablecoins for daily purchases. The numbers jump significantly for younger demographics—71% of Gen Z respondents and 60% of millennials expressed openness to stablecoin transactions.
Blink Charging shares climbed 3.61% to $0.83 in premarket trading Wednesday following the announcement.