Merchants can now process SHIB payments via this new partnership
Day after day, Shiba Inu pleases its fans with announcements of new partnerships and a growing number of ways to use the much-loved memecoin.
It became known that the popular payment platform for merchants, NOWPayments, in collaboration with crypto accepting and withdrawing service Switchere, will allow its users to process payments in SHIB. The scheme is simple: buyers pay in SHIB, sellers get fiat at the output. Thus, SHIB fans and holders will now be able to pay in stores that are linked to NOWPayments and buy more goods without converting their coins into fiat.
A new partnership adds great utility to the popular memecoin. Thanks to NOWPayments, SHIB’s arsenal of uses expands into areas such as e-commerce, casinos and gambling and regular mass purchases, and even donations on Twitch can now be sent to customers. help from SHIB.
SHIB to the masses
Increasing utility, especially in partnership with major services, is a really important development for a SHIB coin that was originally created as a funny counterpart to another popular memecoin, DOGE. The recognition and adoption of the coin as a means of payment by large companies makes crypto enthusiasts take the project more seriously.
However, on the one hand, the number of coins in circulation, according to some analysts, is still exorbitant, and with the negative conjuncture established in the crypto market in May, does not allow SHIB to stop falling in price and to push back from the bottom. On the other hand, the Shiba Inu team, as we can see every day, is increasingly actively promoting the project to the masses and, in the truest sense of the word, building the dive.
