Shiba

Bitcoin

Block

Shiba Inu

Billion

<a href="https://bitcoinist.com/shiba-inu-shib-inclusion-x/" target="_blank" rel="noopener noreferrer nofollow">Shiba Inu payments</a> 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.&nbsp;
<h2 id="b-apcopay-partners-with-coinpayments-b">Apcopay Partners With CoinPayments</h2>
On Thursday, February 22, CoinPayments, a cryptocurrency payment gateway, <a href="https://media.coinpayments.net/announcements/apcopay-with-coinpayments/" target="_blank" rel="noopener noreferrer nofollow">officially announced</a> 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 <a href="https://bitcoinist.com/prominent-trader-reveals-his-2024-crypto-portfolio-these-3-altcoins-dominate-with-over-75/" target="_blank" rel="noopener noreferrer nofollow">portfolio of cryptocurrencies.</a>
Although CoinPayments supports over 2,300 <a href="https://bitcoinist.com/us-cftc-chair-affirms-crypto-assets-as-commodities/" target="_blank" rel="noopener noreferrer nofollow">cryptocurrency assets</a>, the crypto platform has made only 175 tokens available for payment purposes. Among the select number of tokens, doggy-themed meme coin, <a href="https://www.newsbtc.com/shiba-inu/breakout-confirmed-shiba-inu-price-73-surge/" target="_blank" rel="noopener noreferrer nofollow">Shiba Inu (SHIB) </a>stands out as one of the major cryptocurrencies, CoinPayments clients can use to make payments around the world.&nbsp;
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.&nbsp;
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 <a href="https://bitcoinist.com/portuguese-nft-marketplace-joins-shiba-inu-craze/" target="_blank" rel="noopener noreferrer nofollow">cryptocurrency payment options </a>on its platform.&nbsp;
<h2 id="b-massive-adoption-for-shib-b">Massive Adoption For SHIB</h2>
Through the integration of CoinPayments into Apcopay, users of both payment services will have complete access to Shiba Inu payments, effectively <a href="https://bitcoinist.com/shiba-inu-dev-global-adoption/" target="_blank" rel="noopener noreferrer nofollow">facilitating global adoption</a> for the cryptocurrency.
Recently SHIB payments have become more popular, with over 10 distinct companies, including <a href="https://bitcoinist.com/binance-adds-shiba-inu-to-crypto-card-enabling-shib-payments-for-60-million-merchants/" target="_blank" rel="noopener noreferrer nofollow">Binance</a> 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 <a href="https://www.newsbtc.com/shiba-inu/shiba-inu-shibarium-transaction-activity-spike-amid-market-growth/" target="_blank" rel="noopener noreferrer nofollow">regular transactions.</a>
According to previous data from <a href="https://app.intotheblock.com/coin/SHIB" target="_blank" rel="noopener noreferrer nofollow">IntoTheBlock</a>, 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 <a href="https://www.newsbtc.com/shiba-inu/shiba-inu-notches-new-adoption-record-in-anticipation-of-shibarium-launch/" target="_blank" rel="noopener noreferrer nofollow">growing popularity</a> and demand for the cryptocurrency.&nbsp;
At the time of writing, the <a href="https://www.newsbtc.com/shiba-inu/shiba-inu-records-2500-spike-in-whale-activity-shib-price-about-to-skyrocket/" target="_blank" rel="noopener noreferrer nofollow">price of SHIB</a> 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 <a href="https://www.newsbtc.com/shiba-inu/shiba-inu-project-timelines-shib-price/" target="_blank" rel="noopener noreferrer nofollow">developing with new projects</a> in its ecosystem, aiming to increase its global adoption rate and propel its value upwards.&nbsp;
Featured image from Adobe Stock, chart from TradingView

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

Table of Contents

Bitcoinist

Other articles published on Feb 24, 2024

Controversy Surrounding Odo’s Character Arc in Star Trek: Deep Space Nine

BlockDAG Coin Leaves Monero And Bitcoin In Its Dust With Incredible Speed And Efficiency – Get 10...

New Add-Ons and Releases for Microsoft Flight Simulator Unveiled

Ripple Analysts Forecast Parabolic XRP Price Explosion to $387

EU picks Frankfurt headquarters for new anti-money laundering authority

Shiba Inu team warns of scams amid new SHEboshi token

Join our free newsletter for daily crypto updates!