Shiba Inu adoption continues to grow. Right from top companies accepting SHIB payments to the macro-rise in the number of token HODLers, everything seems to be aligned for Shiba Inu. In fact, the latest development is suggestive of the same.
On Tuesday, Binance announced that it has added Shiba Inu to the list of supported cryptocurrencies on Binance Pay. Apart from the #13th ranked crypto, support was extended to a bunch of other tokens as well. Chalking out the same, the official post noted,
Binance has added ALPINE, APE, BIDR, BNX, BSW, CAKE, COTI, GALA, HIGH, PORTO, SANTOS, SFP, SHIB, USDT, and XNO to the list of supported cryptocurrencies on Binance Pay.
Using Binance Pay, users can send and receive cryptos from mobile devices via email, phone number, Binance ID (UID), or Pay ID without incurring gas fees. Binance Pay now supports more than 70 cryptocurrencies that include the likes of large-cap tokens like Ethereum, Cardano, and Dogecoin. A host of merchants worldwide, like Alchemy Pay, Travala.com, and SettlePay accept payments via Binance Pay.
Shiba Inu and Binance Card integrations
The largest crypto exchange announced the integration of Shiba Inu into the Binance Card in August. At that time, the card was only limited to users residing in the European Economic Area [EEA]. Apart from them, Ukrainian refugees who lived in the EEA countries were also eligible to avail of the said addition.
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After that, in mid-September, Binance Argentina also added SHIB to the list of supported tokens on its cards in the said country. The official announcement on Twitter highlighted that SHIB could be used to pay more than 90 million merchants worldwide.
Thus, the latest inclusion of Shiba Inu does not come as a surprise as the token has already been in demand, thanks to the rising adoption.
Read More: Binance Argentina adds Shiba Inu support on its card