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Ledger Nano X - The secure hardware wallet
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Crypto.com Includes SHIB For Visa Card Payments

20 June 2024
in SHIBA
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Shiba Inu is growing in adoption across multiple platforms, as Crypto.com has included SHIB and other meme coins for its Visa card payments. A new announcement by crypto.com confirmed the innovation, further solidifying SHIB in the future of digital finances and cryptocurrency.

“Dear Valued Customer, We are pleased to inform you that you can now fund your Crypto.com Visa Card with over 100 top cryptocurrencies across all jurisdictions,” the announcement read. “These include BTC and ETH, along with meme coins like SHIB…” and others. Crypto.com is one of the leading crypto exchange platforms. Furthermore, their Visa card is used by many users for daily cryptocurrency transactions.

Being accepted for funding the Crypto.com Visa Card means that SHIB can now be used for daily transactions. This innovation not only enhances the currency’s utility and value but proves Shiba Inu’s growing acceptance in mainstream finances.

Shiba Inu sitting stacks of money
Image Source: WatcherGuru

Also Read: MicroStrategy Buys Another 11,931 Bitcoin Worth $786M

The addition of Shiba Inu to the funding of Crypto.com’s visa card is another outlet for SHIB holders to use their coins. The integration of Shiba Inu into real-world applications could fuel a price bump and demand surge for the dog-themed cryptocurrency. Additionally, with a cosign by the crypto exchange, investor confidence in SHIB may also rise, increasing trading activity and price, and total investors as well.

At press time, Shiba Inu is trading at $0.00001805. The coin has had a bearish week, down 15% in price. However, this news from Crypto.com could surely fuel a rebound.

Credit: Source link

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