MacCoin, is McDonalds’s getting into Crypto?

In order to celebrate its 50th anniversary of the Big Mac, McDonalds is issuing a “MacCoin” whose price is always going to be the price of a Big Mac because you can go to a McDonalds and redeem it for a Big Mac. One thing about this that people are getting confused about is that it is not actually a cryptocurrency. It is a physical coin and not issued on the blockchain so it has no technological aspects of a crypto. It is something fun to talk about and if McDonald’s does join the Crypto game sometime and issues a coin tied to the price of their food, it could act like Tether as a stablecoin since the price of McDonalds food is relatively stable. I don’t think McDonalds wants into the game, who who knows?

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