Shiba Inu Adoption: New Partnership Activates SHIB Payments In 25 Countries

Shiba Inu payments are poised to gain prominence in about 25 different countries around the globe following the partnership of two leading financial service companies, Apcopay, and CoinPayments. 

Apcopay Partners With CoinPayments

On Thursday, February 22, CoinPayments, a cryptocurrency payment gateway, officially announced its partnership with Apcopay, an end-to-end global payment platform. Specifically, Apcopay has integrated CoinPayments into its payment operations, enabling clients to utilize the crypto payments platform to conduct financial transactions using an extensive portfolio of cryptocurrencies.

How To Get Free Crypto  

Although CoinPayments supports over 2,300 cryptocurrency assets, the crypto platform has made only 175 tokens available for payment purposes. Among the select number of tokens, doggy-themed meme coin, Shiba Inu (SHIB) stands out as one of the major cryptocurrencies, CoinPayments clients can use to make payments around the world. 

By leveraging the crypto platform’s robust infrastructure, Apcopay has allowed users to gain more access to Shiba Inu, exposing the cryptocurrency to over 1,200 merchants on its platform across 25 different countries. 

 Shiba Inu currently trading at $0.00000954 on the daily chart:

In response to the new partnership, Apcopay’s Chief Commercial Officer (CCO), Daniel Buttigieg, commemorated the alliance, praising CoinPayments as a pioneering global crypto payments provider. Similarly, the Senior Manager of Business Development at CoinPayments, Marc Bourgeois expressed his enthusiasm for the collaboration, highlighting Apcopay’s potential to broaden its reach to new audiences by introducing cryptocurrency payment options on its platform. 

Massive Adoption For SHIB

Through the integration of CoinPayments into Apcopay, users of both payment services will have complete access to Shiba Inu payments, effectively facilitating global adoption for the cryptocurrency.

Coinbase Banner  

Recently SHIB payments have become more popular, with over 10 distinct companies, including Binance accepting the Shiba Inu coin as global payment method. The cryptocurrency already boasts of a robust community, comprising thousands of SHIB enthusiasts who buy and store the doggy themed tokens and employ them for regular transactions.

According to previous data from IntoTheBlock, SHIB has been gaining widespread adoption, experiencing a major uptick in new users in 2024. On February 17, the cryptocurrency’s adoption rate soared as high as 39.27%, meaning that at least two out of five active SHIB addresses were new to the network. This substantial increase in new users underscores the growing popularity and demand for the cryptocurrency. 

At the time of writing, the price of SHIB is trading at $0.0000094, reflecting a 24-hour decline of 0.28% and a 2.73% drop over the past week, according to CoinMarketCap. The cryptocurrency has been slowly developing with new projects in its ecosystem, aiming to increase its global adoption rate and propel its value upwards. 

Featured image from Adobe Stock, chart from TradingView

Go to Source
Author: Scott Matherson

Recommended Crypto Services, Products and Strategies:

The first thing any crypto investor needs is is a reliable and secure Crypto Wallet.  Whether you’re looking for an online wallet, hardware wallet, desktop or mobile wallet, Crypto Renegade provides you with all the Best Crypto Wallets in each category.

FreeBitcoin Banner  

Best Crypto Wallets Banner

When you’re ready to buy more crypto, or exchange your coins for others, Crypto Renegade’s list of the Best Crypto Exchanges has you covered.  The Crypto Exchanges recommended here offer everything from simplicity and convenience to advanced trading platforms and profit sharing. 

Best Crypto Exchanges Banner

If you want to learn more about the methods and tools that can be used to find Great Crypto Projects, then be sure to check out Crypto Renegade’s strategy for How To Find The Best Cryptocurrency.

Crypto Strategy Banner

For those people that don’t have any money to invest right now, or just want to understand the technology a bit more, you’ll definitely want to check out Crypto Renegade’s Free Crypto Strategy and start collecting Free Coins today!

Free Crypto Banner

What do you think about cryptocurrency? Do you have any questions about it? Be sure to leave a comment below.

You May Also Like

More From Author

This site uses Akismet to reduce spam. Learn how your comment data is processed.