Blink Charging Stock Jumps 12% on USDC Payment Integration at EV Stations
Blink Charging Co. shares surged 12.4% to $0.8066 following the announcement that it has integrated USD Coin (USDC) payments at select DC fast-charging stations in Florida. The stock continued its rally in pre-market trading, climbing an additional 2.7% to $0.8280.
This initiative represents Blink's first entry into cryptocurrency payments, allowing electric vehicle drivers to pay with USDC across the Ethereum, Arbitrum, Polygon, and Base networks. The initial rollout is active at two company-owned locations: 1680 Main Street in Chipley and 145 SE Bandit Street in Madison.
Chief Technology Officer Harmeet Singh pointed to increasing demand for alternative payment options, with plans to expand cryptocurrency acceptance throughout Blink's charging network by 2026. The feature is currently limited to specific DC fast chargers.