Shiba Inu (SHIB) is gearing up for day-to-day transactions in 179 countries. Bitcoin payment service provider BitPay officially started supporting Shiba Inu in December 2021. Meme coin now reaches millions of customers through Edge Wallet.
Shiba Inu payments now with BitPay integration in 179 countries
Edge now supports BitPay’s payment system. This news means that Shiba payments can be accessed by millions of customers in 179 countries. Now, more than 130 cryptocurrencies are open for transactions with Edge, a surveillance-free wallet. About 1.7 million users in 10 languages in 179 countries are waiting for this service.
Big news! @EdgeWallet has implemented the BitPay Protocol enabling its customers to spend #cryptocurrency online and in store free of payment exceptions. Read more: https://t.co/fw91aJFvwO #bitpay #edgewallet #crypto pic.twitter.com/MjG15Om1OC
— BitPay (@BitPay) June 7, 2022
BitPay in December 2021, Shiba He began to officially accept the Inu. It has paved the way for SHIB to be used in hundreds of BitPay stores that accept Shiba Inu.
Shiba Inu is gaining worldwide acceptance as a payment method
Shiba Inu is seeing increased adoption as a payment method. Brazilian football team Sao Paulo FC recently announced that it will accept Shiba and cryptos for tickets using Bitso and Bitpay. Chipotle, a popular Mexican fast-food establishment, has started accepting Shiba Inu, Bitcoin, and other cryptocurrencies through its Flexa digital payment platform. This payment method is accepted at over 2,975 Chipotle locations in the US. As we reported as
Kriptokoin.com , while Lavu and Verifone have announced a new deal, Shiba now has hundreds of hundreds of thousands in more than 65 countries. accepted by the restaurant. Lavu, a worldwide provider of restaurant software and payment solutions, and Verifone, a payment solution provider, announced in May a cross-distribution alliance that will connect Lavu’s restaurant software suite to Verifone’s payment systems and enable Bitcoin payments.
SHIB burn rate increased 190%
Meanwhile, recently Shiba Inu introduced some adjustments to reward distribution using the LEASH LOCKER feature. Indeed, it helped SHIB record much-needed gains. The Shibburn platform, which tracks burning tokens, shows that Shiba’s burn rate has increased by almost 190% over the past 48 hours.
Additionally, according to Twitter’s Shibburn, a total of 141,010,050 Shiba have been permanently removed from circulation.
Latest Shiba Inu news
Meanwhile, after almost six months of anticipation, Europe’s largest exchange has finally added support for the Shiba Inu. Bitstamp, Europe’s largest exchange, announced the listing of the Shiba Inu on early June 7. It is now possible to transact in fiat with SHIB.
🙀CONFIRMED: Bitstamp listing $SHIB!
— SHIB HODLER 🐕 (@ShibaInuHodler) June 6, 2022
SHIB has also entered the world of football. Recently, Brazilian football club São Paulo FC started accepting crypto payments through Latin American cryptocurrency exchange Bitso. It accepts Shiba Inu (SHIB) among other cryptocurrencies. In addition, the biggest ETH whales are choosing to buy SHIB as the token makes it into the top 10 holdings list. It is clearly seen in the chart below.
